I am reminded of the Swiss Bank's unpegging the Franc from the Euro earlier this year.
Currencies typically have lower volatility than other assets like stocks. This feature is why many Forex traders use large amounts of leverage to trade these assets. However, 2015 is here to remind you that central banks, not the markets, have the final say on the value of currencies.
Yes, even currencies can have major gaps that ruin trading strategies in one fell swoop! Always keep risks in mind when trading even the most low volatility assets.
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