Disliked{quote} Hi kK100 I have done that with a few buddies three years ago to prove liquidity is thin. We as a group brought AUDNZD a few minutes after day open and got a half a pip movement when the spread was large. Admittedly we loss our money on spread but we did nudge price just a small bit. CheersIgnored
I mean no disrespect, but are you so sure that your group nudged AUDNZD higher? There's not a direct currency for AUDNZD; AUDNZD is a derivative of AUDUSD & NZDUSD, therefore the movement of AUDNZD is not independent but due to buying/selling AUDUSD against buying/selling NZDUSD.
Just saying...
Best,
Dave
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