Here Comes The Herd: "Highly Volatile Trading Conditions Expected Ahead"

Tyler Durden's picture

Last night we presented a very disturbing warning from one FX broker, Oanda, on what Sunday's election could mean for FX trading on Sunday (nothing good). And, as often happens in such instances, the idea has now been "incepted" - look for every FX brokerage to follow suit, likely followed by the plain vanilla exchanges to issue comparable warnings ahead of Monday.

From FXDD:

 

And for a suddenly very appropriate primer on herd dynamics we recommend the following article from Spiegel.