Hi @ajbozdar, Just to extend a little on what @tommor & @Pippo have correctly posted.
Retail Forex is an OTC product… There is no set price anywhere on the planet at any set time.
Very different to Share Markets where prices are globally set by a Stocks actual price…
ie: Apple Inc. (NASDAQ: AAPL) is say 113.16 globally.
Pippo posted a while ago a very accurate summary of the Retail Trading environment.
Actually have a read through Pippo’s threads and posts, there is some excellent factual information about these Markets.
Hope this is of help…
Edit: You think the EURUSD is bad… Have a look at Oil (XTI) back in the April when futures crashed…