Archive for the ‘1086’ Category
Advanced question about Forex market?
Eric F asked: Hi,
Im wondering whether the cross pair currency rates are determined by speculative traders or arbitrage trading computers. For example you have two liquid pairs:
EUR/USD
USD/CAD
and a cross rate
EUR/CAD
I figure, since most of the speculative trading is done on EUR/USD and USD/CAD, the EUR/CAD exchange rate is made by arbitrage traders adjusting the correct [...]