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Correlating forex pairs correlation

correlating forex pairs correlation

Correlation is a very important strategy that many traders and hedge funds have used to make profitable trades. The concept behind this interaction is that. Positive coefficients indicate that the two currency pairs are positively correlated, meaning they generally move in the same direction. For example, if two currency pairs have a high correlation, their prices tend to rise and fall in sync. Although the measure suggests some causal relationship. BETTING HORSES WITHOUT HANDICAPPING

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