would like to find out from you guys on how stable is currency prices?
I've heard people saying that currency prices are stable because it moves in 4th decimal places which is very minimal.
I've also heard that currency prices are stable because each currency pair would prevent or wouldn't allow the other currency to surge too high or low due to economic fundamentals/ import and export
On the other hand, i've heard that in comparison with stocks, the decimal movement is very little compared to stocks which explains currency prices stability
What are your views whether currency prices are considered stable?