US Dollar: Ready to Rumble with High-Impact Data - EURUSD ...

Non-USD pairs on BTC-E are Not Returning to Market Value

Non-USD pairs at BTC-E are not returning to their fair market value.
https://btc-e.com/
While in terms of USD, BTCe quotes are 3$ lower compared to the general market ($466 compared to $469 BitStamp)
in terms of Euros, Pounds or Rubles prices are over 5% higher and have been for days.
BTC/EUR BTCE 377 Kraken 367
Plus if you look at the exchange rates on the BTCe's website, the EUUSD is quoted at 1.2330, actual exchange rate is currently at 1.2930. The Pound is quoted at 1.5093, actual forex exchange rate is 1.6220.
Why are all NON-USD currencies trading so cheap on BTC-E? In the past year I've noticed these small arbitrage opportunities before but they used to be gone in less then 1 day. This has been going on for 4 days now.
  1. How long has this been going on? I only noticed the discrepancies 4 days ago.
  2. What is the reason for this?
submitted by Am_I_A_Deer to BitcoinMarkets [link] [comments]

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