I guess there could be many reasons for the sudden moves, could be due to low volumes,profit taking, someone with deep pockets manipulating, insiders who know something we dont etc. But personally I believe its the low liquidity in the markets that cause the markets to do some strange things,with the news of the Italian bonds and Iran threatening to close the strait, both EU and Oil pairs should have climbed and yet...
Best just wait and see until the second week of January when things should have returned to normal.
Best just wait and see until the second week of January when things should have returned to normal.
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