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Volatility Swells with FX Markets Raising Systemic Concerns and Dow Enters ‘Bear Market’

MongiIG

By MongiIG,
in Indices and Macro Events

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MongiIG

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The new week has started off with an exceptional rise in volatility with FX markets in particular suffering an extreme jump on the back of the extreme drop from GBPUSD and EURUSD. While seasonality sets a troubling tone, the range of key technical levels and underlying fears around recession mark a converging storm.

 

 

 

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