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What just happened?

Aug 05, 2016 at 16:56
577 Views
8 Replies
Biedrs kopš   3 ieraksti
Aug 05, 2016 at 16:56
Anyone please care of explain why every major currency pair just got hit except for EURGBP? Thanks!
Biedrs kopš   21 ieraksti
Aug 05, 2016 at 17:22
mainly NFP
Biedrs kopš   6 ieraksti
Aug 06, 2016 at 10:08
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.
Biedrs kopš   40 ieraksti
Aug 06, 2016 at 10:08
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.
Biedrs kopš   1487 ieraksti
Aug 06, 2016 at 10:52
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.
Biedrs kopš   3 ieraksti
Aug 07, 2016 at 13:42
Thanks guys!
Biedrs kopš   35 ieraksti
Nov 22, 2016 at 15:37
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.
A knight's tale!
Biedrs kopš   21 ieraksti
Nov 22, 2016 at 16:17
Hello,

Fleshcrash coming in low liquidity. No from expected news.
i am user in bestforexrebates dot com
Biedrs kopš   35 ieraksti
Nov 22, 2016 at 16:19
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.
A knight's tale!
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