eur/usd, anybody know?

Quote from JuniorCTA:

short squeeze. weekly testing 50MA.. expecting it to go higher 1.37+

bearish intraday, bullish overall
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yeah, it didn't look fundamental, oh well, no complaints

thought this would be an unusual time of day for any news, but you never know, maybe a bomb went off or somebody got assassinated
 
Screwy looking action. Someone blowing out stops/squeezing shorties?

Equity futures are limp noodles during this EUR stiffie.

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Quote from oldtime:

yeah, it didn't look fundamental, oh well, no complaints

thought this would be an unusual time of day for any news, but you never know, maybe a bomb went off or somebody got assassinated
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looks pretty normal, although I missed the short, this is what happens when too many people are sitting and waiting.. someone hits it hard enough in one direction/get the volatility going to entice trades.
 
Quote from oldtime:

anybody know what's going on with eur/usd this evening? it is really screaming for this time of day
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Could you ask that on bolomberg to those who said 1.17?
 
reaction to this:

Moody’s announced after the NY close it confirms Spain’s government bond rating at Baa3, while assigning a negative outlook.
 
Quote from Trader KGB:

reaction to this:

Moody’s announced after the NY close it confirms Spain’s government bond rating at Baa3, while assigning a negative outlook.
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ah, that explains the big gap at 17:15, thought it was over with, then I guess a lot of shorts got squeezed a couple of hours later
 
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