Forum

Posts by "neohg"

1 Posts by member
NeoHg
(Torrejon del Rey, Spain)
NeoHg
Torrejon del Rey, Spain
Posts: 1
13 years ago
Dec 9, 2010 17:42
Ashraf said in a tweet:

"$NZDJPY shorts coming in nicely; the equivalent of long $USDJPY & short $NZDUSD. kiwi/yen 62.20 $$"

I'm new to Forex and perhaps is a dumb question but:

If USD is stronger than JPY
and
USD is stronger than NZD

I can`t conclude NZD is weaker than JPY. Can anyone explain it to me?

This example I do undestand:

"Long USDCHF short EURCHF = short EURUSD"
USD>CHF>EUR so is clear USD is stronger than EUR

Have fun!