EUR GBP Correlation

Discussion in 'Forex' started by ganesh6, Nov 10, 2008.

  1. ganesh6

    ganesh6

    hi,

    Is there a direct(positive) correlation between the pairs EURUSD and
    GBPUSD.

    Thanks for any reply.
     
  2. There must be because USD is one side of each pair (ie, if USD rises then both pairs will fall if GBP and EUR do nothing).
     
  3. Pippi436

    Pippi436

    On what timeframe, on what duration? You can find pretty much any correlation coeff. with different settings. Why don't you fire up excel and find out yourself.