Hello everybody
I just wanted to ask someting about the 16th of December (yesterday).
It seems like the USD/NOK held a steady range between 6.6 - 7.0 for several days before and after. The really strange thing is; Yesterday at about 20:30 CET, the pair went crazy and hit 10 NOK per USD!! Then after maybe 10 minutes the pair returned to the normal levels.
I haven't been into forex that long, so this seems really crazy for me. The potential win for that trade would be a massive 6000 pips, right?
So my question is, why the hell did the pair act this way? It almost seems fishy to me.
Cheers
I just wanted to ask someting about the 16th of December (yesterday).
It seems like the USD/NOK held a steady range between 6.6 - 7.0 for several days before and after. The really strange thing is; Yesterday at about 20:30 CET, the pair went crazy and hit 10 NOK per USD!! Then after maybe 10 minutes the pair returned to the normal levels.
I haven't been into forex that long, so this seems really crazy for me. The potential win for that trade would be a massive 6000 pips, right?
So my question is, why the hell did the pair act this way? It almost seems fishy to me.
Cheers