Are currency pairs related in some way?

[maxima]

Let's say that the USD/CHF pair sees great demand,pushing prices higher

nobody sees anything funny in this?

all so busy comparing dingle dongles

 

[Pazienza]

nobody sees anything funny in this?

all so busy comparing dingle dongles

Yeah I do. But it's funnier to compare dingle dongles.

 

[BeginnerJoe]

nobody sees anything funny in this?

all so busy comparing dingle dongles

Don't mind his ding dong dangle. He always does it when the going gets tough in the market.

 

[andycon]

After the US GDP release today the USD dropped against everything except the CAD, because the CAD released even worse economic data at the same time. The speed or reaction was interesting, the EUR/USD moved instantly, with the GDP/USD slightly behind, but the AUD/USD and NZD/USD were very slow to follow the direction, but did eventually. Is there money to be made in these delayed reactions?

 

[Pazienza]

Don't mind his ding dong dangle. He always does it when the going gets tough in the market.

The way I'm trading at the moment the only thing that bothers me is insufficient applause. 😀

 

[Shikamaroo]

nobody sees anything funny in this?

Are u referring to the fact that it is the demand for USD relative to demand for CHF that is pushing prices up rather than demand for USD/CHF?

 

[TheBramble]

After the US GDP release today the USD dropped against everything except the CAD, because the CAD released even worse economic data at the same time. The speed or reaction was interesting, the EUR/USD moved instantly, with the GDP/USD slightly behind, but the AUD/USD and NZD/USD were very slow to follow the direction, but did eventually. Is there money to be made in these delayed reactions?

No. Each one is a one-off.

 

[andycon]

No. Each one is a one-off.

That's the end of that cunning plan then.🙁

 

[bburkin]

Everything is correlated in FX. Just look at what happened when the SNB announced it would buy endless amounts of EURCHF at 1.20. EUR rallied and CHF fell almost 10% against all other currencies.