FX spot isn’t just “macro + headlines.” Behind the chart there’s a constant options hum: funds hedge FX risk, dealers manage delta, speculators trade volatility itself. These flows are like underwater currents beneath a...
Introduction 1. Efficient Market Hypothesis vs. Reality According to the classic Efficient Market Hypothesis (EMH), prices instantly incorporate all available information, making it difficult to consistently outperform the market based on that information alone.This...