Recent content by chaca
-
C
Discussion: FX Correlation between EURGBP, EURO & CABLE.
Surely the correlation you are seeing is simply the result of triangular arbitrage. If EUR/GBP is flat and GBP/USD is going up the EUR/USD must be going up also. This must always be the case otherwise you could get a risk free profit through triangular arbitrage. For example if 1 pound is...