Your friend must talk to an awful lot of dealers to have a good idea that eurjpy is seeing more action than the majors in 2 trillion market.......
I agree talking about flow can be useful and welcome anyone saying that they are seeing a lot of eur buying or there are a lot of eur longs out there and I’ve never suggested that it’s all about the dollar but I still struggle with that comment. I’ll take on board what she is perhaps trying to say that we’re not in a usd driven market but if that is the case it is a very convoluted way of doing so!!
We obviously don’t share the same opinion but I also work in this so called ‘source’ you speak so mystically about and I also don’t make my living by telling people I have all the answers.
And a question to you then: On a daily volume you actually think it is possible for eurjpy volume to exceed that of usdjpy and eurusd?
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