How EUR/USD traders can use the USD/CHF correlation in 2016

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 22, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    As we noted earlier today, there’s not much hitting the wires in terms of actionable economic news (beyond the slight negative, but still better-than-expected revision to Q3 US GDP data), so we wanted to revisit one of the forex market’s strongest correlations: the relationship between EUR/USD and USD/CHF. One of the most common problems I see from newer FX traders is that many of them analyze the Swiss franc in isolation. Even though the Swiss National Bank officially ended the EUR/CHF floor

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