29.04.2016 - Maybe Currency Flash Crashes Don't Matter
The world’s biggest financial market may be destined for a flash-crash future.This sounds scary because the foreign-exchange market is crucial, determining the real-time worth of every nation’s currency. But violent moves there may not matter as much as they do in other markets, such as those for equities. Rachel Evans of Bloomberg News wrote an article on Thursday highlighting how the $5 trillion-a-day currency market is undergoing a significant transformation. Trading has been slowing, perhaps because of a lack of investor conviction in the face of central bank intervention...............................................Full Article: Source
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