Yesterday GBPUSD shot up within minutes after the comments by Germany's Merkel on BREXIT.
what baffles me is that there is not an EXCHANGE in FX like we do with Stockmarket.
when just who decided the price?
there are thousands of brokers and most were in line within seconds!!!!
so just who DECIDES on the BIG MOVE!
Same with NFP day, within seconds, all brokers have similar prices!!!!!
just WHO HAS SET THE PRICES!
Really baffled!!
what baffles me is that there is not an EXCHANGE in FX like we do with Stockmarket.
when just who decided the price?
there are thousands of brokers and most were in line within seconds!!!!
so just who DECIDES on the BIG MOVE!
Same with NFP day, within seconds, all brokers have similar prices!!!!!
just WHO HAS SET THE PRICES!
Really baffled!!