Last week, I listened as a leading financial market participant explained that FX can, by nature, be cyclical and how it is usual for volumes to decrease as the market’s Billy Big Dogs head off on their summer holidays.
I know that the weather has been bad in England, but that alone can’t explain why the market hasn’t wound down yet, at least on most platforms. Of course, there have been well-reported jitters in other markets and FX appears to have been the beneficiary.
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