May I turn your attention to the $

[The Kin]

...Which is crashing hard.

Almost panic selling...

 

[n00b7r4d3r]

i say 1.6 on eur/usd in days... eur/gpb is worth watching too

 

[The Kin]

Quote from n00b7r4d3r:

i say 1.6 on eur/usd in days

Agreed. We're probably going to come very close on Monday anyway.

 

[stock_trad3r]

But it doesn't mean the market will go lower

 

[n00b7r4d3r]

watch for aud/usd when it gets up around 0.95 i bet it will go fast to 1

 

[shortie]

is this really 1% drop for USD within a few hours?!? currencies from pretty crappy countries must be more stable than that

 

[daddyeaux]

the dollar is taking another meat axe to the neck...

 

[shortie]

Quote from stock_trad3r:

But it doesn't mean the market will go lower

should not US market go up 1% because it is cheaper in dollar terms now?

 

[trader_arb]

Quote from shortie:

should not US market go up 1% because it is cheaper in dollar terms now?

Not when the yen is gaining and the carry trade is unwinding

 

[shortie]

what are other recent examples of USD dropping 1% withing 2 hours? how did the equity market react in US?