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When Will The EUR Become Exhausted?
Month-end and quarter end considerations is making for quiet trading conditions. This is not new for the forex class - for H1, investors have been contained to tight trading ranges. To date, G10 Central Banks monetary policy has been able to handcuff the market to a low volatility-trading environment that tends to favor the 'carry' trade. Until sustainable rate divergence appears, dealers and investors will be committed to more of the same for second-half of this year. Nonetheless, certain intraday volatility, promoted by geo-political risk factors, does provide opportunities. Investors are required to be "fleet of ... (full story)
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