Black swan events refer to unexpected occurrences that are typically highly impactful yet difficult to predict. This term is commonly used in reference to low probability but high consequence events that transpire within financial markets.
One of the most notable black swan events in forex took place on January 15, 2015, when the Swiss National Bank abruptly abandoned the peg that had fixed the Swiss franc to the euro for years. The move caused the franc to plummet nearly 30% against the euro, from 1.20 to 0.86 suddenly.
This wiped out numerous positions and led to margin calls that placed immense stress on brokers and traders. Subsequent debates focused on negative balance protections and related issues.
Other examples include the 2008 housing market crash and financial crisis in the US, Zimbabwe's hyperinflation that reached 79.6 billion percent, and the dot-com bubble burst of 2001.
There is some dispute around whether the COVID-19 pandemic qualifies as a black swan event given its massive impact on stock markets in March 2020, though the crisis is still ongoing.
In summary, black swan events refer to occurrences that are broadly impactful yet difficult to foresee due to their low probability nature, often with far-reaching consequences across financial and other sectors. Their effects tend to be surprisingly widespread.
One of the most notable black swan events in forex took place on January 15, 2015, when the Swiss National Bank abruptly abandoned the peg that had fixed the Swiss franc to the euro for years. The move caused the franc to plummet nearly 30% against the euro, from 1.20 to 0.86 suddenly.
This wiped out numerous positions and led to margin calls that placed immense stress on brokers and traders. Subsequent debates focused on negative balance protections and related issues.
Other examples include the 2008 housing market crash and financial crisis in the US, Zimbabwe's hyperinflation that reached 79.6 billion percent, and the dot-com bubble burst of 2001.
There is some dispute around whether the COVID-19 pandemic qualifies as a black swan event given its massive impact on stock markets in March 2020, though the crisis is still ongoing.
In summary, black swan events refer to occurrences that are broadly impactful yet difficult to foresee due to their low probability nature, often with far-reaching consequences across financial and other sectors. Their effects tend to be surprisingly widespread.
风险提示：以上内容仅代表作者或嘉宾的观点，不代表 FOLLOWME 的任何观点及立场，且不代表 FOLLOWME 同意其说法或描述，也不构成任何投资建议。对于访问者根据 FOLLOWME 社区提供的信息所做出的一切行为，除非另有明确的书面承诺文件，否则本社区不承担任何形式的责任。
FOLLOWME 交易社区网址: www.followme.asia
喜欢的话，赞赏支持一下
加载失败()