Currency pairs unaffected by news
While it's challenging to find currency pairs that are completely unaffected by news, some pairs may be less sensitive to news events than others. Here are a few examples of currency pairs that might be less impacted by news:
- CHF/JPY: The Swiss Franc (CHF) and Japanese Yen (JPY) are often considered safe-haven currencies. As a result, their pair is less likely to be significantly affected by news events, as investors tend to seek refuge in these currencies during times of uncertainty.
- AUD/NZD: The Australian Dollar (AUD) and New Zealand Dollar (NZD) are often correlated, and their pair is less sensitive to news events. This is because both countries have similar economic profiles and are heavily influenced by commodity prices, interest rates, and global growth trends.
- EUR/CHF: The Euro (EUR) and Swiss Franc (CHF) are often considered a "neutral" pair, as they are both major currencies with relatively stable economies. News events may have a limited impact on this pair, as the two currencies tend to move in tandem.
- GBP/CHF: The British Pound (GBP) and Swiss Franc (CHF) are also considered a relatively stable pair. The GBP is often influenced by UK-specific news, while the CHF is more focused on global economic trends. This combination can lead to a less volatile pair.
- USD/CAD: The US Dollar (USD) and Canadian Dollar (CAD) are often influenced by commodity prices, interest rates, and global growth trends. While news events can still impact this pair, the CAD is often more sensitive to domestic economic data, which can help to mitigate the impact of global news.
Keep in mind that even in these pairs, news events can still have an impact, especially if they are significant and unexpected. It's essential to stay informed about market conditions and economic trends to make informed trading decisions.
Remember, currency pairs are complex and influenced by a wide range of factors. While some pairs may be less sensitive to news events, it's crucial to consider multiple factors when trading, including economic indicators, interest rates, and global events.