Friday, October 16, 2026

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EUR/USD 1 cent whipsaw since CPI, liquidity a big issue

Today's big EUR/USD moves go largely unexplained EUR/USD 1 cent whipsaw since CPI, clearly liquidity since FOMC is a big issue Illiquid EUR/USD market may be prelude to lower volumes Big whipsaw moves will curtail risk-t…

By Jay L. Zagorsky
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • Today's big EUR/USD moves go largely unexplained

  • EUR/USD 1 cent whipsaw since CPI, clearly liquidity since FOMC is a big issue

  • Illiquid EUR/USD market may be prelude to lower volumes

  • Big whipsaw moves will curtail risk-taking even more

  • A drop in volatility seems likely with resistance above 1.1000 growing

  • One month EUR/USD volume is relatively high, mid 12's vs rough 8-13 ranges

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By FxWirePro Team