If you were settling in for the usual post-holiday lull, the screens just administered a wake-up slap: one quiet Friday and Asia’s FX complex tore up the rule-book, torching years of mean-reversion models in a single, spectacular whoosh.
If you were settling in for the usual post-holiday lull, the screens just administered a wake-up slap: one quiet Friday and Asia’s FX complex tore up the rule-book, torching years of mean-reversion models in a single, spectacular whoosh.