There is a certain underlying volatility that escapes any form of explanation – Commerzbank Currencies Markets Banks Volatility
“‘Choppy markets’ is probably the term to use for what we are seeing at the moment, or – if you want to disguise your cluelessness in a slicker manner – ‘month-end flows’.”
“Regardless of all the clever talk that we and others produce on a daily basis as a kind of background music to market events, we have to point out that there is a certain underlying volatility that escapes any form of explanation. It cannot be any different in an efficient market that always has to remain difficult.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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