Hey people for the last 2 weeks i have realized that very big market moves have been happening during the Sydney and Tokyo session which wasn’t the case before by the time I show up to trade most of my pairs have moves 100+ pips and yet FX hours used to show that the volume during Sydney and Tokyo session is so low. Could anyone be knowing why? am really stuck
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I also noticed that
These things tend to happen. Asia can have volatile sessions, especially for the Asian pairs. However the overal larger movements are still in London and/or Ny.
Why?
It all depends on where the banks have placed most of their orders. Possible the Asian banks are more influential in some periods.
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