Volatility Swells with FX Markets Raising Systemic Concerns and Dow Enters ‘Bear Market’

September 27, 2022

The new week has started off with an exceptional rise in volatility with FX markets in particular suffering an extreme jump on the back of the extreme drop from GBPUSD and EURUSD. While seasonality sets a troubling tone, the range of key technical levels and underlying fears around recession mark a converging storm.

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