NEWS / Foreign Exchange

Not Quite There

Making extensive comments about the FX markets nowadays - particularly about the short-term developments - would mean the effort to deliver something out of almost nothing.

Most of the mechanical as well as discretionary strategies in trading are intuitively built, I think, not to be making money, but actually in order to respond to the innate, human demand for action. As such, my greatest concern these days is that I may be seeing things in the market that are not quite there.