Extreme volatility at 1330 today

Beginner Questions
1

Can anybody explain what caused the volatility in fx today(11-13) at about 1330? I know that’s the same time that the stocks took off. Was there some big news that I missed?

I’ve only been in forex for about 1 month but that’s the most volatility I’ve seen in forex during that time.

The only explanation I’m seeing for the stock explosion is that the S&P had broken a key support level and then climbed back above it and that triggered the buying. But I’ve got to say that was probably equal to the most volatility I’ve seen in stocks in a very long time.

2

I think many value investors were getting in when the DOW got in the 7ks. All the buying got a rally going not in just stocks but all markets.

At least that is my theory today. I didn’t keep up too much with news today, just watching the numbers.

3

I agree as well. You need to stop watching the
news much less stock news when you have chosen
to get involved with forex trading. Also, stop
thinking like stock traders; economic news
have very little significance in forex trading.
Just watch the numbers on your platform.
That is the only thing that matters; the trends
you see and the price movements. And
actually, the most volatility I have ever seen
in the forex arena happened in all of September.
What I see today is really nothing.