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GOVYTrader
Mar 15, 2015 8:03 PM

Hedging the EURUSD and USDCAD, (Risk Control) 

Euro Fx/U.S. DollarFXCM

Description

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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