Is it conventional wisdom that a currency pair with a larger *normal* spread (for example, AUDJPY 4 pips) less volatile than a smaller spread pair (for example GBP 1.5 pips).
I feel that there is less volatility but wanted to get some thoughts from some of the more seasoned fx traders.
Thx

I feel that there is less volatility but wanted to get some thoughts from some of the more seasoned fx traders.
Thx
