What possible reasons are behind the GBP -> EUR rate being the same for a few days?

What possible reasons are behind the GBP -> EUR rate being the same for a few days?

Manage alerts

Loading saved threads...

rath · External communityPost link
External question — Personal Finance Stack Exchange Author: rath Original post: https://money.stackexchange.com/questions/113431 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. The GBP -> EUR exchange rate has been stuck at a value of 1.11 since Saturday 7 of September, up from 1.10 since the day before. This seems to me highly irregular, as if all trading activity has stopped. But even without major activity there should still be some fluctuation in the price, however minor. Is this kind of activity normal in Forex? What reasons are / could be behind it?
Quote
Report
nanoman · External communityPost link
External answer — Personal Finance Stack Exchange Author: nanoman Original post: https://money.stackexchange.com/a/113432 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. Forex markets are closed on weekends , so the prices are stale.
Quote
Report

Post Reply

Checking account access…
What possible reasons are behind the GBP -> EUR rate being the same for a few days? | Forex.com.bd