Diversification hasn’t failed—it has been misunderstood. This article shows why shared constraints collapse correlations and why true diversification now means reducing dependency, not adding assets.

Technical levels still matter—but solvency matters more. This article argues that balance sheet stress, not chart patterns, is now the primary driver of violent repricing.

Currencies are commonly described as macro instruments driven by growth, inflation, and central bank policy. In practice, they are deeply influenced by inventory behavior. The accumulation and depletion of physical stock silently shapes FX flows long before official data captures the shift.

Liquidity today is abundant—until it vanishes. This article explains why most market depth is conditional, how algorithmic liquidity withdraws simultaneously, and why price now moves in gaps rather than trends.

For decades, speed defined trading edge. In 2026, it increasingly defines fragility. This article explores why judgment, context, and timing now outperform pure execution velocity.

In foreign exchange markets, price is often treated as the primary signal. Charts are analyzed, levels are mapped, and indicators are tuned to capture momentum. Yet price is rarely the starting point of a move. It is the consequence. Long before currencies reprice, liquidity conditions begin to shift inside payment systems that most market participants never observe.

The year 2025 marks a period of significant growth for Interstellar Group – FISG, as well as the inaugural year in which FISG’s comprehensive client value framework was fully implemented. Throughout the year, FISG continued to increase its strategic investments in technology, products, services, and market infrastructure, building a multi-dimensional, transparent, and highly collaborative global trader ecosystem. Through innovative technological solutions, optimized operational efficiency, and tiered benefit upgrades tailored to traders, FISG consistently enhanced overall user experience and platform value. Driven by a development philosophy centered on innovation, transparency, and client focus, FISG not only strengthened its competitive advantages but also set new industry benchmarks in

Trade depends on trust. In a fragmented world, confidence breaks faster than supply can adapt — and currencies respond long before economists see the shift.

The slowest part of the financial system now reveals the fastest market signals. Settlement delays are a measure of physical strain — and a predictor of currency repricing.

A new class of economies is rising — not defined by wealth, but by their position in supply-chain routing. Their currencies now move the future of global production.

Emissions costs are being embedded into trade flows. Currencies tied to high-carbon exports are losing ground — and the shift is structural, not thematic.

In the past, market depth was assumed to be consistent. A liquidity provider in New York could count on counterparties in London or Tokyo to step in if needed. But 2025 has revealed that liquidity is fragmented, uneven, and increasingly dependent on structural participation rather than simple capital supply.