Carnage in the Currency Markets – Is It Over Yet?
The recent “trade war” continues to show itself in numerous unusually aggressive price movements in the currency markets. Huge, fast movements in currencies profoundly affects all markets, but most of all commodities. Trader sentiment hits rare extremes, and quite simply, there is blood in the streets. Lets take a peak at just a few currencies to see if there are any technical reasons that suggest an end to the recent carnage.
