Tag: illiquidity

illiquidity

And Finally…

I am rather busy what with a magazine to get out, two virtual conferences to moderate and this year’s Digital FX Awards to announce, s instead of sounding off I will point you all in the direction of our first ever Dial-in Day this Wednesday. It will be like a conference only the people I […]

Euro Leaps in Thin Markets

Dealers are scratching their heads over a sharp move higher in EUR/USD in early Asian trading after the pair moved 130 points in one minute, before reversing.
Dealers say the move occurred just before 8.40 Tokyo time and saw the pair rise from 1.0520 to 1.0651 in a fraction over a minute, before reversing to 1.0575 over the next two minutes. There are reports of the pair trading at 1.0695, however traders spoken to professed no knowledge of the trade.