The market is thinner than a parisian runway model. EUR/USD is gapping in either direction this afternoon, plummeting from 1.4090 to 1.4014 before recovering to 1.4070. Dealers say it is hardly dealing with prices being marched up and down by algorithms. Looks like those guys who booked profit in late London before liquidity completely dried up had the right idea. It is advisable to stay close to the sidelines through the turn of the year and probably until next Monday.
