Year-End Liquidity Concerns Split FX Market Over Impact
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LONDON--With the potential Y2K crisis only a month away, its impact on the global FX market is dividing expert opinion. Although all agree that liquidity will dry up in the run up to the year end, traders and economists are divided as to whether this is a good -- or bad -- time to stay out of the market.
The lack of liquidity has the potential to foster extreme volatility from mid-December to mid-January.
"Whereas normally, 100 bucks might move a market five or six pips, in very thin conditions it
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