Forex Flash: Hack attack good test of the positioning of the markets - Societe Generale

FXstreet.com (Barcelona) - After the hack attack on the AP’s Twitter Account, Sebastien Galy, currency analyst at Societe Generale, thinks "it will prove a good test of the positioning of the markets."

"You now have the sensitivity of the markets to a large negative (fictitious) shock, from which to deduce the positioning of the market (USD was bid, SPX gapped 1% lower and VIX higher…)" he said.