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What just happened?

blackspade (blackspade)
Aug 05 2016 at 16:56
3 posts
Anyone please care of explain why every major currency pair just got hit except for EURGBP? Thanks!

camforex10
Aug 05 2016 at 17:22
21 posts
HommaMunehisa (HommaMunehisa)
Aug 06 2016 at 10:08
6 posts
blackspade posted:
Anyone please care of explain why every major currency pair just got hit except for EURGBP? Thanks!


See charts the EUR and GBP during this period.
The correlation for these currencies, therefore in EUR/GBP slight movement.

Wildbill
Aug 06 2016 at 10:08
35 posts
The NFP announcement affected pairs with the dollar in them. Some pairs without a dollar, such as the EUR/GBP, don't move as much with a dollar announcement for obvious reasons.

mlawson71
Aug 06 2016 at 10:52
1487 posts
Always check the Forex calendar at the beginning of every week for any incoming high impact events like the NFP or the BoE rate announcement, so you wouldn't get surprises like this.

blackspade (blackspade)
Aug 07 2016 at 13:42
3 posts
AlGauthier (AlGauthier)
Nov 22 2016 at 15:37
35 posts
mlawson71 posted:
Always check the Forex calendar at the beginning of every week for any incoming high impact events like the NFP or the BoE rate announcement, so you wouldn't get surprises like this.


Good advice, a classic one and always applicable, except of flash crashes.

wortrader
Nov 22 2016 at 16:17
21 posts
Hello,

Fleshcrash coming in low liquidity. No from expected news.

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AlGauthier (AlGauthier)
Nov 22 2016 at 16:19
35 posts
wortrader posted:
Hello,

Fleshcrash coming in low liquidity. No from expected news.


Yes, that's right and that's why the economic calendar cannot help in being prepared for them, otherwise checking the news and their impact is very helpful. That was my point.

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