Two highly negatively correlated currencies move in tandem almost as if they are the same currency.

Name: Two highly negatively correlated currencies move in tandem almost as if they are the same currency.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Currencies that are highly negatively correlated tend to move in opposite directions, meaning that when one currency goes up, the other tends to go down. Therefore, they would not move in tandem as if they are the same currency.

Two Highly Negatively Correlated Currencies Move in Tandem Almost as If