What happens between 16:25 and 16:35 CET? | Forex Factory

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What happens between 16:25 and 16:35 CET?

  • #1
  • First Post: Mar 27, 2009 2:52pm Mar 27, 2009 2:52pm
Hey guys,

I did some statistical analysis on the EURUSD, and came up with some wired results between 16:25 and 16:35 CET, which is 15:25 to 15:35 London time.
Are there any important news coming out that I missed? Is this currency fixing time?
I would really be happy if someone might have a clue what happens in this short timeframe.
Best regards
Paul
  • #2
  • Mar 29, 2009 10:16am Mar 29, 2009 10:16am
Well I might be an hour off due to daylight savings time, but that is early morning Chicago and New York. 7:20 CT the currency pit opens, along with other commodities (I think bonds and gold). Usually 7:30 CT (8:30 ET) there is news. Coffee down, money starts to flow.
  • #3
  • Last Post: Mar 29, 2009 11:05am Mar 29, 2009 11:05am
well, i bet its one of the most volatile times -- i believe it is also the opening time for equities in some weeks of the year due to the recent daylight savings implementation changes.

What sort of analysis did you do, did you use R by any chance?
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