British Pound Flash Crash happened suddenly without warning on October 6th late night during the Asian market hours. All of a sudden within 2 minutes GBPUSD fell 1200 pips and then recovered 1000 pips in the next few minutes. British Pound was trading at $1.26 when within in less than a minute it fell to… Continue reading The British Pound Flash Crash & The Hunt Volatility Funnel
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FED By Mistake Publishes The Rate Hike Forecast For This Year
FED staff economist inadvertently published the rate hike forecast for 2015. Staff economists at the Federal Reserve see a quarter-point U.S. interest rate increase this year, according to forecasts the Fed mistakenly published on its website in a gaffe that drew criticism about its ability to keep secrets. Everyone has been talking of the potential… Continue reading FED By Mistake Publishes The Rate Hike Forecast For This Year