There was plenty of volatility over the past 24 hours, but there was also a notable breakdown in underlying correlations. Straying from the larger fundamental themes is unusual and most often temporary. That said, the remarkable tumble from the pound, gold’s incredible rally, the Australian dollar’s accelerated risk aversion drive and the Euro’s deviation from the the S&P 500′s trend all call to attention unusual market conditions. Are these abnormal conditions a sign of a bigger shift for the market in the near future or merely a series of temporary mispricings. We look at the evidence and trade potential in today’s video.
Read More GBPUSD and GBPJPY High Volatility Threats in Euro, Risk Separation
