Why Currency pairs going up or down?
If EURUSD pair goes up from 1.2500 to 1.2510, the Euro has increased in relative value by 10 pips because either
1) EUR has strengthened, or
2) USD has weakened, or
3) Both EUR and USD have strengthened but relatively at different pace, or
4) Both EUR and USD have weakened but relatively at different pace
But how do you...
