Due to the spotlight being shined on large banks accused of manipulating the Forex market, traders are noticing and recording ‘odd’ events that would be too much of a coincidence to happen by chance. An anonymous Zero Hedge author notes:
With regulators finally catching on that banks are manipulating every asset class, the largest of them all – foreign exchange – has come under scrutiny. Most specifically, there is considerable attention being paid to manipulation at the “London Close” around 11amET each day. Judge for yourself – see anything ‘odd’ around that time of day?