RESEARCH CONTENT
Recent Grey Fire Horse research has highlighted that current cross market interest rate differential price action would lead to currency volatility and a break in fx trading ranges. This is entirely justifiable given that various global economies are at different stages of the economic cycle:
This note provides price charts to demonstrate some important market moves that back the trend breakout argument, as well as some evidence that price momentum in equity and credit markets is beginning to change. This suggests enhanced financial market volatility and complex price moves.