Stronger Dollar

  • Thread starter Thread starter BuySellSideTrader2020
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BuySellSideTrader2020

I want to check my logic on exchange rates, example: EUR/USD means 1 EUR = 1.08 USD (current rate), a stronger dollar would mean 1 EUR = 1.15 USD
so, prior EUR/USD 1.08 with present EUR/USD 1.15
on the flip side
USD/EUR 0.92 prior, then stronger dollar means that the rate would decline to lets say 0.87

Is my logic correct?
 
Think of it like this
Eur/usd stronger dollar means more people buying dollars means the chart goes down. If it was 1.15 then a stronger dollar would have it moving to 1.08

Usd/eur: market buying more dollars, chart up, 0.8 to 0.9
 
EDIT:
So I take it this is the corrected version
 

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