Noticed frequenty E/U has large moves during asia session, but no news related to euro or usd during that time, so what are some factors causing this pair high volatility?
Printable View
Noticed frequenty E/U has large moves during asia session, but no news related to euro or usd during that time, so what are some factors causing this pair high volatility?
Speculations? By the way, there are other news released during Asian session - corporate and political. They can influence all currencies.Quote:
Originally Posted by ;
That whooshing sound you hear is of all the money being rushed back into dollars. Last night Asian stocks were falling. Those rushing to cover move to the nearest safe haven - dollars at the moment. Safe to say now is not a normal time at all. I thought we might be at the end of panic last Friday, but it's continuing - this is truly a black swan event in the FX world at the moment. In general, it's difficult to fathom Asian moves outside the normal range unless you hit on a news feed or there's some obvious headline news.