Forex Investment and Currency Trading

A large fix went through and the market couldn’t handle it.  We’ve seen a 288 point range so far today.  The market just can’t handle large volume.  We’re seeing years and years of lending excess and carry trades being unwound in a matter of weeks.  It’s a stampede of position liquidation as everyone tries to get through a teeny tiny door at once and people are getting trampled.  Everyone sees what’s going on in the US economy and is mystified at why the US dollar is strengthening so much.  These markets are defying fundamentals as flow and illiquidity dominate market direction.