When the eurusd rises, does that mean the dollar is stengthening or weakening?
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Quoting mac-eDislikedWhen the eurusd rises, does that mean the dollar is stengthening or weakening?Ignored
Quoting BemacDislikedStrength or weakness normally refers to the First Currency of the Pair.
ie. Strength in EURUSD would mean Euro Strength but not neccessarily imply USD Weakness. While the Euro Gains against the USD it is possible that the USD may also be gaining against the JPY or CHF or, on the odd occasion, even the GBP.Ignored