An eventful beginning to 2016
Posted on January 5, 2016 at 3:14 pm GMTWhile the closing days of 2015 were a mostly quiet affair for financial markets, the beginning of 2016 has certainly seen some action. In risk assets such as stocks but for the foreign exchange market too, there have been some sizeable moves, which have provided a useful lesson in that market participants need to be ready for turbulence at any time – even during or right after seasonal holidays. In terms of major currencies, the Japanese yen appears to have [..]