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: Equities worldwide responded with delight to news of the US-China trade ceasefire, but traders in the world of FX were a little bit more circumspect.