What's your favourite cross for current conditions?
When the dollar is noisy, crosses offer a cleaner read — no dollar component, just the two economies against each other. The best cross changes with the macro backdrop.
Which is yours now?
- the cross and the story it isolates
- why it suits current conditions
- the levels you're watching
Background: cross rates explained.
Background: Cross rates explained: how EUR/GBP and EUR/JPY are calculated from dollar pairs
A cross rate is an exchange rate between two currencies that doesn't include the US dollar. How cross rates are derived from dollar pairs, with worked examples, and why crosses often cost more to trade.
What is a cross rate in forex?
An exchange rate between two currencies that doesn't include the US dollar, such as EUR/GBP, EUR/JPY or AUD/NZD.
How do you calculate EUR/GBP from EUR/USD and GBP/USD?
Divide EUR/USD by GBP/USD. With EUR/USD at 1.1050 and GBP/USD at 1.3000, EUR/GBP is 0.8500.
Comments
Log in to join the discussion. Comments follow the community guidelines.
Log in to commentLoading comments…