The UK Pound Crashed very quickly last night and although it quickly recovered everyone wants to know why it happened – fat finger? fundamentals? market issues? the French? etc – we are not FX experts but and have no clue what happened although probably like a 10 sigma event so wont happen in a trillion years or whatever but we pray for the safety of the folks at brokers offering massive leverage to retail investors. We do not have much to say but here is what the “experts” are saying Flash Crash of the Pound Baffles Traders With Algorithms Being…
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