Hi all,
I take it that it wasn't the mildly positive CPI news release that triggered the rather large sterling sell-off that immediately followed...
Any ideas as to why the market might 'react' like that? Only thing I can think of is big banks using positive news & hence liquitity long to execute some short orders, and everyone else jumping in...
Or else it's something I missed.
I take it that it wasn't the mildly positive CPI news release that triggered the rather large sterling sell-off that immediately followed...
Any ideas as to why the market might 'react' like that? Only thing I can think of is big banks using positive news & hence liquitity long to execute some short orders, and everyone else jumping in...
Or else it's something I missed.