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The Euro Is Crashing, DXY Almost 100

Tyler Durden's picture




 

A sudden plunge in EURUSD - bashing it down towards the 1.04 handle (which would be the lowest since Jan 2003) has sparked a recoupling of equity fantasy down to everything else's reality. Given its weight in EUR, The USD Index has surged to 100.00 - highest since March 2003. EURUSD is now down 35 handles since Draghi started jawboning... when does this "good" collapse morph into "capital flight" concerns?

 

EURUSD plunge-nado...

 

Sending The USD Index to 100.00...

 

The fastest rise in 34 years

 

Banged stocks to the Low of day...

 

 

Charts: Bloomberg

 

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Wed, 03/11/2015 - 13:58 | 5878355 williambanzai7
williambanzai7's picture

Handle's Messiah?

Wed, 03/11/2015 - 14:00 | 5878364 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

I hate the loser Mellenials! Are they still looking for the .gov to bail them out of their student loans? The dead beat loser low information generation will not be denied!!!

Wed, 03/11/2015 - 14:05 | 5878394 onewayticket2
onewayticket2's picture

you can bet $350k/yr professor warren will propose it if and when she runs for prez....(in exchange for their votes)

Wed, 03/11/2015 - 14:08 | 5878407 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

Personally, I belive she's gonna be the next President.  The 1st Fascist Lezbo Women Prez in history! The Mellinals will just LOVE her!!!

Wed, 03/11/2015 - 14:16 | 5878447 Publicus
Publicus's picture

Now that ZH finally noticed the multi month move in the Euro, I expect a reversal.

Wed, 03/11/2015 - 14:19 | 5878464 maskone909
maskone909's picture

lmfao yeah no kidding. 

who was that guy that said that bubbles tend to resemble a coin rapidly increasing oscillations right before it CRASHES down to the ground?  yeah this is sorta like that.  very wise man that guy is

Wed, 03/11/2015 - 14:29 | 5878515 Headbanger
Headbanger's picture

Nahhhh..   I think that iBitch will be the next president!

Whoever the fuck she is..

Cause..  What difference  does it make!?

Wed, 03/11/2015 - 15:48 | 5878851 Falconsixone
Falconsixone's picture

American and Israeli military advisors were arrested while aiding Islamic State terrorists in Iraq

Read more: http://sputniknews.com/middleeast/20150307/1019201301.html#ixzz3U6lVWYDJ

Wed, 03/11/2015 - 16:01 | 5878891 Chief KnocAHoma
Chief KnocAHoma's picture

I'll tell you what difference it makes... If Lezbo Warren is elected over Kankles the shit will hit the ceiling fan. 

1 - After BHO is finished slitting Kankles throat, Bill will go full retard and open up on BHO and Valerie Jarrett. He was promised support for pulling the lying queer across the finish line in 2012, and now Clinton LLC is getting a knife in the back. Bill and Kankles know where some bodies are burried, so look for full on nuclear option from them.

2 - Once Warren is elected Prez by the takers, we will wish Kankles had won... That 1/8 Indian Lezbian will screw us in the ass so hard is will make the 8 years under queer bait look like a vaction.

Sleep tight!

 

Wed, 03/11/2015 - 14:44 | 5878575 ANestIOS
ANestIOS's picture

give it 3/4 weeks

Wed, 03/11/2015 - 19:18 | 5879563 mkkby
mkkby's picture

Reversal or pull back?  I think the move is just starting.  US about to raise interest rates, while EU about to hit the print button.

Wed, 03/11/2015 - 14:19 | 5878466 Burnbright
Burnbright's picture

Let me just high jack this thread that is clearly interesting by venting my hate for something I clearly don't understand...

Rraaabbbleeee Raaable rable!

Wed, 03/11/2015 - 14:22 | 5878481 ...out of space
...out of space's picture

currency wars- race to the bottom

and usd is loosing 

Wed, 03/11/2015 - 14:06 | 5878399 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

The low information retarded Mellenials in action: https://www.youtube.com/watch?v=O0azojPPRhw&index=4&list=PLa8S4GilqogQIL...

Wed, 03/11/2015 - 14:11 | 5878426 Bearhug Bernanke
Bearhug Bernanke's picture

Yes, let the hatred consume you!

Wed, 03/11/2015 - 14:16 | 5878449 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

My hate for them as a group is based on facts.

Wed, 03/11/2015 - 14:26 | 5878497 kaiserhoff
kaiserhoff's picture

Dude, Millennial chicks give great head.

Who said the net isn't educational?

Wed, 03/11/2015 - 14:29 | 5878514 maskone909
maskone909's picture

babyboomer chicks give great gumjobs. i once knew this broad that drove one of those power chairs... 

Wed, 03/11/2015 - 19:24 | 5879592 mkkby
mkkby's picture

I only hate the millenials that walk around staring at their hands.  If that causes a good looking female one to trip and fall on my cock, that's okay I guess.

Wed, 03/11/2015 - 15:22 | 5878747 TeaClipper
TeaClipper's picture

Yeh but they talk with that weird fucked up upward inflection, and have a weird glazed look in the one eye that isnt looking at their phone

Wed, 03/11/2015 - 14:27 | 5878500 maskone909
maskone909's picture

generationalism is real.  #EndGenerationalism2015.  its an epidemic and shit.

Thu, 03/12/2015 - 22:11 | 5883967 turnoffthewater
turnoffthewater's picture

They just want someone to think for them. In steps the goverment.

After all, they're too busy working (for the bankers) to pay the interest on the debt.

Wed, 03/11/2015 - 14:07 | 5878402 Freedom In Your...
Freedom In Your Lifetime's picture

I hate those loser Baby Boomers! Are they still looking for .gov to bail them out of their medical expenses and shitty retirement planning? Deadbeat loser statist loving generation will not be denied!!!

Wed, 03/11/2015 - 14:09 | 5878412 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

First of all I'm 36, I get nothing from the .gov and I am a anarchist. Next. LOL

Wed, 03/11/2015 - 14:28 | 5878506 PresidentCamacho
PresidentCamacho's picture

You must be a huge sucker, If your not abusing the system now you should be. Everyone else is.
Can't wait for the peoples champion to bail me out on student loans.

Wed, 03/11/2015 - 14:36 | 5878528 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

I guess I am just stronger, smarter, have more moral charachter, and am more self reliant that you worthless scumbag piece of shit Millenials. Proud of it too.  I feel sorry for you losers, gonna go down hard once the dollar collapses. 

Wed, 03/11/2015 - 15:14 | 5878714 10mm
10mm's picture

Ahhh, i think the moneychanger evil lot that's been around along time deserve scorn, not a generation.

Wed, 03/11/2015 - 19:29 | 5879608 mkkby
mkkby's picture

If anarchy means disbanding the US gov and going back to 50 soveriegn states, then count me in with the hater.  I've had enough of the so-called civilized society, captive to the banksters and MIC.  Bring it down, and let's try anarchy for a while.

Wed, 03/11/2015 - 14:10 | 5878416 Freedom In Your...
Freedom In Your Lifetime's picture

Disclaimer: I figure that there is probably an equal % of loser statist worshipping fuck heads in all current generations. Just felt like commenting to the cum guzzler above for some reason.

Wed, 03/11/2015 - 14:13 | 5878433 Hitlery_4_Dictator
Wed, 03/11/2015 - 14:24 | 5878486 Freedom In Your...
Freedom In Your Lifetime's picture

So liberal piece of shit propaganda report from 5 years ago that tries to convince you america has faith in big gov make me wrong? I'd be interested to know how you came to embrace anarchy, as it appears the traditional paths of logic and historical observation and knowledge were not at play here...

Wed, 03/11/2015 - 14:38 | 5878553 Freedom In Your...
Freedom In Your Lifetime's picture

Majority of them do, no doubt. Same goes for every other generation currently in america though. Not sure why it is so hard for you to understand that.

Wed, 03/11/2015 - 14:30 | 5878519 Freedom In Your...
Freedom In Your Lifetime's picture

http://www.gallup.com/poll/172439/party-identification-varies-widely-acr...

Seems to me that the older you are, the more likely you are to be a statist fucktard. You go right on ahead believing center for american progress though. I'm sure they are completely legit and non-biased.

Wed, 03/11/2015 - 14:36 | 5878545 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

Sucks to be wrong huh. Facts are a bitch, not that it matters to Millenials.

Wed, 03/11/2015 - 14:43 | 5878570 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

Ah you finally admit it. Millenials have the highest percentatge of statists. 

Wed, 03/11/2015 - 14:55 | 5878629 Freedom In Your...
Freedom In Your Lifetime's picture

So you missed the part right at the beginning of the article saying the younger generation was the most likely to not identify with any political party? Granted, that's a long stretch to say that means they aren't statist, but it's a far sight better than the older generations.

Keep on getting worked up over insignificant issues and divisive topics. Probably the most useful thing a douche as big as you is good for.

Wed, 03/11/2015 - 15:01 | 5878645 Hitlery_4_Dictator
Hitlery_4_Dictator's picture

I'd say its pretty significant for you losers that just barely scrape by getting your pathetic scraps from uncle sam living pay check to pay check and living hand to mouth.  I like living the good life but to each it's own. Eat shit and keep "gaming that system" to barley get by. How's your Mom's basement trerating you, lol. Reach for the stars young idiots, maybe some day you can that Section 8 home you always wanted. lol

Wed, 03/11/2015 - 15:12 | 5878703 Freedom In Your...
Freedom In Your Lifetime's picture

Your comments are growing increasingly less intelligent. Unless you have something else relevant to say, go sit you your mothers dildo so more while doing more 'research' on how shitty some age group is. Also, have a great day. Seriously.

Wed, 03/11/2015 - 14:34 | 5878536 Bill of Rights
Bill of Rights's picture

Which part is wrong? Cum guzzler or Fuck head?

Wed, 03/11/2015 - 14:39 | 5878560 Freedom In Your...
Freedom In Your Lifetime's picture

Pretty sure they go together...

Wed, 03/11/2015 - 15:03 | 5878659 balanced
balanced's picture

"[My generation is better than your generation]. [No mine is better than yours]."

You two should step back from the argument for moment, and let the anger fade a bit.

Wed, 03/11/2015 - 15:08 | 5878677 Freedom In Your...
Freedom In Your Lifetime's picture

Meh, I don't see much use arguing over generalizations like this most of the time. The first comment just struck and nerve and I've been in a pissy mood lately so I responded. No anger here.

Wed, 03/11/2015 - 14:29 | 5878511 Hohum
Hohum's picture

I thought the Mellenials are followers of Richard Scaife Mellon.  Millenials, on the other hand....

Wed, 03/11/2015 - 14:00 | 5878362 Dr. Engali
Dr. Engali's picture

Maybe El Presidente needs to hold a press conference.  

Wed, 03/11/2015 - 14:04 | 5878386 NoVa
NoVa's picture

but they told us a strong dollar is good - no?

 

Wed, 03/11/2015 - 14:05 | 5878388 williambanzai7
williambanzai7's picture

This can onlymean one thing, more share buybacks

Wed, 03/11/2015 - 14:25 | 5878494 seek
seek's picture

Yep.

It also means commodities are on sale, too, including the shiny stuff.

Wed, 03/11/2015 - 14:06 | 5878400 Stoploss
Stoploss's picture

Selling gold's not helpin'!!! Sell Moaer!!!

Wed, 03/11/2015 - 14:13 | 5878432 Harbanger
Harbanger's picture

I been telling you bitchez for years that the dolla is gonna be the last fiat to go.  This why I make the big bucks.  Now go out and buy some rubles.

Wed, 03/11/2015 - 14:01 | 5878368 sidiji
sidiji's picture

no brainer trade, keep on falling, i almost have enough for my new yatch :D

Wed, 03/11/2015 - 14:12 | 5878431 Sheikh Djibouti
Sheikh Djibouti's picture

Really, you're buying a new yatch too? I thought you had to be able to spell it to be allowed to own one.

Wed, 03/11/2015 - 14:27 | 5878498 e_goldstein
e_goldstein's picture

Not sure it matters. If he's on zero hedge and owns a boat, it's going to sink in an unfortunate "accident".

Wed, 03/11/2015 - 14:01 | 5878370 Scoobywan
Scoobywan's picture

So when is Silver going to bottom?

Wed, 03/11/2015 - 14:27 | 5878503 doubledutch
doubledutch's picture

This week.

Wed, 03/11/2015 - 14:30 | 5878517 Dog Will Hunt
Dog Will Hunt's picture

The instant before it bounces.  

Wed, 03/11/2015 - 16:07 | 5878918 Kirk2NCC1701
Kirk2NCC1701's picture

Q: "So when is Silver going to bottom?"

A: When it hits the bottom of the lake.

Wed, 03/11/2015 - 14:02 | 5878374 fed_depression
fed_depression's picture

This is obviously not about QE not this kind of day after day 1%+ plunges.

Wed, 03/11/2015 - 14:13 | 5878435 Id fight Gandhi
Id fight Gandhi's picture

Now the euro trades like bitcoin. Good job central planners.

Wed, 03/11/2015 - 14:02 | 5878376 Jack Burton
Jack Burton's picture

How much trouble do we really think Europe is in? While Brussels pretends all is well, as the ECB has their back, individual nations are falling, Greece, Portugal, Ireland, Spain, Italy. Others are slipping, the big ones France and Germany. At some point this mild downturn in Europe will be exposed as a major depression that can not be solved by ECB printing of 1.2 trillion Euros.

Having just lost an export market of 140 million people in Russia. Having just lost the export market in Ukraine of 40 million people, now unable to afford any imports due to currency collapse.

Add this loss of growth markets, to the insolvency of many nations, plus the growing recession in the core, and it looks bad.

Wed, 03/11/2015 - 14:05 | 5878391 NoVa
NoVa's picture

long TLT and SPXU

just saying - 

Wed, 03/11/2015 - 14:07 | 5878403 FieldingMellish
FieldingMellish's picture

They are in as much trouble as everyone else. The only difference is that they are sitting at the front of the plunging airplane whereas the US is sitting at the back... near the toilets.

Wed, 03/11/2015 - 14:32 | 5878529 seek
seek's picture

Arms manufacturing will soon be a high growth market.

Wed, 03/11/2015 - 14:44 | 5878574 Escapeclaws
Escapeclaws's picture

Europe has become a magnet for immigration. The immigrants it attracts are poor, unskilled, and violent. They come for the social welfare and eventual takeover. Could the precipitous fall in the euro be reflecting that? In 10 years or even less, Europe will be unrecognizable. It is already getting uninhabitable. Soon it will lose its scientific and technical knowledge. Perhaps the euro will eventually fall to 50 or even 25 cents if it survives. That would be a true reflection of the mess Europe is becoming. It doesn't have a bright future over the next 50 years.

Wed, 03/11/2015 - 17:32 | 5879221 Zorrohodge
Zorrohodge's picture

Uninhabitable? Wow.

European immigrants work as hard as us immigrants doing shitty jobs

Central bankers & banks not economic refugees are to blame for this mess.

Wed, 03/11/2015 - 16:18 | 5878973 Kirk2NCC1701
Kirk2NCC1701's picture

The EUR dump only makes sense with (a) Central Planners (Fed, ECB, PBOC) playing Currency Wars, or (b) Something's up with Greece (getting dumped). Fail to see other logical causes.

Wed, 03/11/2015 - 19:40 | 5879638 mkkby
mkkby's picture

Exactly burton.  The EU just discovered the print button, while the fed is getting set to raise interest rates.  If I were a currency trader I'd say the USD rally is just warming up.

Also, harbanger - if you're still out there I've been saying the same thing for years.  US is the last to go.

Strong dollar is bad for stocks.  Rising rates is bad for bonds.  But the US is the safe haven port for money, so probably they'll be okay.

Wed, 03/11/2015 - 14:04 | 5878384 pragmatic hobo
pragmatic hobo's picture

this will put some dent into djia earnings ...

Wed, 03/11/2015 - 14:05 | 5878392 FieldingMellish
FieldingMellish's picture

Gold holding its own.

Wed, 03/11/2015 - 14:12 | 5878428 Philo Beddoe
Philo Beddoe's picture

...in euros. 

Wed, 03/11/2015 - 14:22 | 5878484 FieldingMellish
FieldingMellish's picture

...and dollars.

Wed, 03/11/2015 - 16:14 | 5878950 Kirk2NCC1701
Kirk2NCC1701's picture

"Gold holding its own."

ROTF LMAO. So much for unbiased and honest analysis on ZH these days.

The only "holding its own" I see when it comes to Gold, are its duped owners (holding their own dicks or stroking someone else's in a classic Pump & Dump), who bought in the last 6 years.

Look at the damn multi-year charts!

Wed, 03/11/2015 - 14:06 | 5878397 KnuckleDragger-X
KnuckleDragger-X's picture

Draghi magic has got Harry Potter beat all to hell. I just wonder what the other CB's will do since if this keeps up the sheep might become suspicious......

Wed, 03/11/2015 - 14:09 | 5878410 Unknown Poster
Unknown Poster's picture

Dollar denominated debt is a bitch.

Wed, 03/11/2015 - 14:31 | 5878522 disabledvet
disabledvet's picture

That currency has to stop collapsing.

No North Dakota of Europe apparently.

How does Europe raise rates again?

Wed, 03/11/2015 - 14:11 | 5878427 farmboy
farmboy's picture

The rally in the $ will make it impossible to raise rates now. Let see how they handle this at the FED next week.

Wed, 03/11/2015 - 14:15 | 5878443 Sheikh Djibouti
Sheikh Djibouti's picture

Silver @ 15 handle, SGR at 75x

Unbelievable.

Wed, 03/11/2015 - 14:37 | 5878551 SmallerGovNow2
SmallerGovNow2's picture

I just added to my stack with order on apmex...  thanks for the reduced prices...

Wed, 03/11/2015 - 14:16 | 5878448 permarig
permarig's picture

Looks like they've deployed the late 2014 crude oil selling algos in the EUR/USD.

Wed, 03/11/2015 - 14:16 | 5878452 unplugged
unplugged's picture

can we say the US dollar index is making a parabolic move?

we know how those end

Wed, 03/11/2015 - 14:30 | 5878520 seek
seek's picture

On the monthy scale I'd say it's a mild parabolic move, but really, this isn't it.

This is what the DXY parabola will look like. If it can be plotted on one page without a log scale, it's not the big one.

Wed, 03/11/2015 - 14:33 | 5878534 Consuelo
Consuelo's picture

Don't know when it will end but it is going up like a rocket as Jim Willie has suggested - and will at some point fall like a ($$$spent) rocket as well.

Wed, 03/11/2015 - 20:03 | 5879710 mkkby
mkkby's picture

Look at the last chart of this article.  The same exponential move in early 80s went 60% higher.

So, yes - exponential moves usually reverse.  But when?

Wed, 03/11/2015 - 14:29 | 5878504 youngman
youngman's picture

It was at 88 cents to the dollar pre 9-11..I was in Venice....loved it and will go back again if it gets that low.....pasta to die for...and the wine..so much wine

Wed, 03/11/2015 - 14:28 | 5878505 HardlyZero
HardlyZero's picture

Are those new CDSs in place yet !?! 

If it is fully insured by AIG then it must be OK /not.

Wed, 03/11/2015 - 14:34 | 5878541 Thisisbullishright
Thisisbullishright's picture

I thought I learned in school something about making a chart or graph.

I thought you were supposed to put a couple of slashes // or like an equal sign = at the bottom if the numbers don't start from 0 and start from some arbitrary level?  Am I right??

A chart can zig zag along like a wild roller coaster if the range used is small enough.

Just sayin...

Wed, 03/11/2015 - 14:51 | 5878612 In.Sip.ient
In.Sip.ient's picture

The trick for the US$ happens in June.

 

Everyone and his dog is betting on a US$ interest rate hike

in June.

 

When that doesn't happen ( I mean...get real ! ) then

the US$ drops a bit... not much mind you, but a bit.

 

 

 

 

Wed, 03/11/2015 - 14:55 | 5878627 Victory_Garden
Victory_Garden's picture

Yayyyyyy!

One down, one to go. Babylon is on the run!

https://www.youtube.com/watch?v=BaOuq0dPRvc

 

Hey dickhead chenney, gonna set off that nuklear False Flag Event soon, to coverup the crashing world economy for your master satan?

 

Wed, 03/11/2015 - 15:03 | 5878661 mt paul
mt paul's picture

parity..?

 

 

Wed, 03/11/2015 - 15:09 | 5878684 GoldSilverBitcoinBug
GoldSilverBitcoinBug's picture

I'm a millennial and being statist is the last thing that I want to be and I didn't speak about being a socialist or a leftoid...

Wed, 03/11/2015 - 15:18 | 5878732 lakecity55
lakecity55's picture

I am shipping a new  Royal Enfield from India back to the US.

It's cheap!

Wed, 03/11/2015 - 15:46 | 5878842 Flying Wombat
Flying Wombat's picture

The U.S. Dollar Is Going Parabolic – Something Somewhere Is Collapsing

TND Guest Contributor:  Dave Kranzler

http://thenewsdoctors.com/?p=295307

Wed, 03/11/2015 - 15:48 | 5878854 Bastiat
Bastiat's picture

Silver (-1%) and gold (-.84%) nwhile the USDX is up 1.2%.   Interesting.

Wed, 03/11/2015 - 15:56 | 5878872 Kirk2NCC1701
Kirk2NCC1701's picture

1. Bullish for US Hedge Funds buying real assets in the EU.

2. I call BS. It's just a Fed-synchronized Currency War, to make the USD look more appealing. Think about it... The BRICS have their own Bank and own 'SWIFT' that accelerates the De-Dollarization, and the USD gets stronger? WTF!

3. Why is the Uke currency (UAH) not crashing against the RUB, and is actually coming back? WTF!

I call major BS, and would like to see some Rickards or Tyler analysis on all this.

Wed, 03/11/2015 - 17:22 | 5879175 Jano
Jano's picture

Greeks have to nail it down.

Wed, 03/11/2015 - 18:35 | 5879434 Charlie M.
Charlie M.'s picture

The only nailing ze Greekz will be doing is on their extremities and maybe a vital organ or two. Bring out ze NailGunz...

Wed, 03/11/2015 - 18:05 | 5879334 Sizzurp
Sizzurp's picture

Capital controls in 3, 2, 1...  Seriously, all they would have to do is raise rates to protect the euro,  oh wait..

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