PaulBaluda wrote:CMeade2,cmeade2 wrote:How can you tell whether it is weighed?
If you look at GPBUSD all symbols which have either GBP or USD are used tot calculate GBP and USD's strength. Other symbols (EURJPY, NZDCAD etc) are not used because (theoretically) they do not contribute to GBP's or USD's strength.
There is no fix for this problem because it is not a problem.
Paul
I'm sorry I'm still confused. Based on your explanation it seems that the "GBP" curve for two different pairs should be same since the same pairs were used to calculate it.
In your comment above you noted that Au/J was not weighted in the first chart but it was on the second. Based on your explanation, I assume that Au/J would influence the Jpy curve but not the Gbp.
Is that right?
Thanks again
cmeade2