2025-01-31 22:57
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Currency pairs can have positive or negative correlations. For example, EUR/USD and GBP/USD often move in the same direction (positive correlation), while USD/JPY and gold prices tend to move oppositely (negative correlation). Understanding these relationships helps traders manage risk by diversifying their trades effectively.
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Pakistan | 2025-01-31 22:57#firstdealofthenewyearFateema
Currency pairs can have positive or negative correlations. For example, EUR/USD and GBP/USD often move in the same direction (positive correlation), while USD/JPY and gold prices tend to move oppositely (negative correlation). Understanding these relationships helps traders manage risk by diversifying their trades effectively.
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