Armada Markets, a global spot Forex and precious metals broker for professional traders today alerted its clients to be cautious in their trading decisions as the period of record low volatility is about to end.
The alert follows the release of Bank of
Illimar Mattus, CFO of Armada Markets commented:
"I have been in trading business over 17 years and have never witnessed such an extended low volatility environment that we have had over the past years. We have seen something similar in August of 1998 and July of 2007 which were both followed by major market turmoil. When I look at the eurodollar volatility then it is at the lowest level since the very creation of the euro.
"I believe that the minutes released today by the Fed and BoE mark the turning point as the two of the G7 central banks moved from a dovish bias to a more-hawkish bias. This has brought a lot of uncertainty to the market as it is unclear when and by how much the central banks will move - this will lead us to more volatility. As we like our clients to succeed in trading then we would very much like them to take a second look at their risk management techniques."
Armada Markets alerts regularly its clients on major shifts in market dynamics or outlook. Armada Markets is proud to be the top choice for professional spot FX and gold/silver traders providing them with:
• Industry-lowest spreads with average EUR/USD spread of 0.3 pips
• Industry-lowest retail commissions of
• Trading environment where all types of strategies including news trading, scalping and arbitrage are allowed Notes to Media About Armada Markets AS (Armada Markets) With its headquarters in
For more information please visit http://www.armadamarkets.com or by phone on +372 686 3163. Data Sources
• Minutes of
• Minutes of Federal Open Market Committee released on
Read the full story at http://www.prweb.com/releases/ArmadaMarkets/ForexAlertFederalReserve/prweb12110261.htm
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