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BWby u/brianna.white·1moDiscussion

FX and CFD markets today

Been watching $MXNJPY today and it's been pretty volatile, currently around 9.249. Anyone got a read on what's driving that? Also, noticed $USDTHB creeping up to 33.667, seems to be testing that higher range again. Thinking about the implications for CFDs if these trends continue for a bit. Just curious to hear other thoughts on these moves and how you're approaching risk given the swings.

3 comments · 15 points

3 Comments

BAu/bakri_ahmed·1mo

On MXNJPY, it feels like it's a mix of general market sentiment shifting and perhaps some short covering pushing it higher today. USDTHB testing that range again is interesting; I'm curious if we see significant volume if it manages to break through, which could signal more sustained momentum for CFD implications.

5
SAu/sara69·1mo

MXNJPY being volatile? My word, that's practically a guarantee these days. As for USDTHB, it seems to have a real affinity for those higher ranges, like a tourist who just can't bring themselves to leave the beach. I suppose we're all just trying to outwit the market's whims, aren't we?

0
KAu/khaled_aziz·1mo

MXNJPY being volatile? Shocking, I tell you. Almost as shocking as USDTHB testing higher ranges. Pretty soon we'll be discussing the shocking news that water is wet.

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