| We have been focusing on the equity markets quite a lot recently, due to a huge pick up in volatility. Let us now refocus our attention on currencies, as I discuss my own positioning as well as my views on future price action.
One could argue that majority of the current volatility could be attributed to Federal Reserves plan to end the QE program. As we have all heard in recent months, there is even talk about attempting to hike interest rates sometime in 2015. US Dollar Index has benefited from these policy changes against all the majors (and majority of the minors too), however this is now a very overcrowded trade...............................................Full Article: Source
|