Can someone explain why EUR & GBP have gone up against USD when all the positive economic data has come from the USA? Having read the School of Pips guide I would have thought USD would have upper hand as the positives come from America? Confused…
A lot to do with QE print more cash the cash you have is worth less
yeap, can somebody explain pls? im confused as it says, due to risk aversion…
Hi Cheggs, fully agree with you there and that’s why I was expecting USD to stay high and not other way around. Still not much of FX makes sense…
This is because usd/*** country’s news is far more batter then usa and you ignore it.