What pair correlates with Eurnzd?
Current EUR/NZD to EUR/USD correlates 83% and EUR/NZD correlates 62% to USD/CHF. This situation is a severe problem and explains why EUR/NZD and GBP/NZD as the same pair only correlates +55%. Both should correlate at least +80% to +90%. GBP/NZD Vs AUD/NZD +0.09 %
Current EUR/NZD to EUR/USD correlates 83% and EUR/NZD correlates 62% to USD/CHF. This situation is a severe problem and explains why EUR/NZD and GBP/NZD as the same pair only correlates +55%. Both should correlate at least +80% to +90%. GBP/NZD Vs AUD/NZD +0.09 %