The market is unable to be predicted because the volatility has
dramatically increased over the years. With the introduction of HFT, the
market can be rigged to a level unseen before. The LIBOR scandal adds
to what we already know.
A domino effect will occur that will effect the whole world. Globalization has further enhanced the uncertainty in the market.
Singapore Dollar Most Vulnerable to U.S. Rates
CME Sued on Claims High-Frequency Traders Bought Access
Libor scandal: EU slaps six banking giants with $2.3-billion fine, biggest penalty yet for rigging lending benchmarks
Mersch Says Renminbi May Challenge Dollar's Reserve Role
Japan's Aso: BOJ's Kuroda should be praised for quantitative easing
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