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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3119
Posted: Feb 22, 2010 5:00
Comments: 3119
Forum Topic:
Commodity FX (CAD AUD NZD NOK)
Discuss Commodity FX (CAD AUD NZD NOK)
"$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!
would u be a buyer of northwest airlines.
im short now from 9870
as said head and shoulders is a Procter&Gamble product