Hedging the EURUSD and USDCAD, (Risk Control)
The Correlation between the EURUSD and USDCAD is -95%, this shows us that we can create a hedging strategy between the two pairs for major profits. The fundamentals in the European economy are as bad as can be as the dollar gains strength. this trend will continue as they cross
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.