As Forex Markets Brace for Political Turmoil, One Critical Moment Could Trigger a ‘Catastrophic Trade’ That Unravels Markets

The foreign exchange market has been notably quiet despite significant global geopolitical tensions and shifts in economic variables. David Barrett, CEO of EBC Financial Group, observes that the anticipated volatility typically associated with such events is limited, resulting in an overall subdued FX landscape. A brief downturn in the market stemming from the yen carry...