DislikedTo be clear watch "ASAP" page on reuters and you will see it.
Indicative market is quoted in 10pips.
Watch how sometimes 24hrs tokyo is basis out by more than 10pips during London time zone. also watch how the basis tears when it shifts to London/NY.
FX interbank has no central market place.Its all over the world,
and everyone is on what papers they have in hand.
and evry one have differing opinions of where the market is, thats why there is arbitrage.Ignored
Way too complicated for me to follow right now (I'm going to have to stick with the BlackJack basic level rules for now ) but this is probably very informative for the advanced traders