EUR Slumps Most Since July

Tyler Durden's picture

It would appear sentiment is shifting a little and the BoJ may not get it all their way. While Draghi did his best to avoid explicitly getting into 'Currency War' discussions, recent concerns by Hollande and the ECB Head's 'deflation fears' have been enough to crater EURUSD. The last four days have seen EURUSD drop by the most in almost seven months and EURJPY start to drop significantly with the biggest 2-day drop in seven months.

4-day drop in EURUSD largest since July...

2-day drop in EURJPY largest since July...

 

Charts: Bloomberg