The models are broken
The market is trying to get back to the pre-Covid and pre-war times, but that model is broken. A new dawn is here and the financial world needs to adapt.
Steen Jakobsen,
Chief Investment Officer
FX Trader, Loonieviews.net
Summary: Next week is the end of January and FX markets are poised for a big finish. There is another UK parliamentary vote on Theresa May’s Brexit Plan B, a FOMC meeting, nonfarm payrolls data and the possibility of month-end portfolio rebalancing high jinks