4:01 PM · 30 April 2020

BREAKING: Major moves on the FX market

We are observing increased volatitlity on the FX market mostlikely caused by the month-end fixing flows. It seems that there is no fundamental news behind these big moves in the market.

The British pound hit $1.26. Source: xStation5

The Euro jumped to $1.0972 . Source: xStation5

We can observe large movements especially in yen crosses. GBY / JPY soared 150 pips. Source: xStation5

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