How can every currency but one be negative? Given that these are an equally balanced index surely the sum of all the currencies should be near 0%, correct?
You can have this configuration if one currency is experiencing a significant variation.
JPY had a bounce on this particular day that brought all other currencies down.
Yes Arnaud , I understand this concept, but I'm referring more specifically to the fact that JPY was at +1.77%, whereas the other currencies combined were at -2.90%. How do you explain this?
Mataf, currency trading since 2003