Just as it seemed the global financial system was finally beginning to show signs of stability, midway through 2014 a growing disparity in the policy decisions of the world’s central banks is creating tension and volatility is already off the bottom.
Karl Schamotta, Director of FX Strategy and Structured Products at Cambridge Mercantile and his colleague Scott Smith, Senior FX Trader and Market Analyst, discuss why a storm is brewing in the wake of diverging central bank policies. Here is the video: