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USD Index Flash Crash Sparks EUR Surge

Tyler Durden's picture




 

Another day, another flash crash in the USD Index. As the Sept 2015 USD Index Futures contract suddenly crashed instantly, so EURUSD surged (and TSY yields tumbled)... something broke...

 

 

Something Broke...

 

Charts: Bloomberg and @NanexLLC

 

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Fri, 06/12/2015 - 11:19 | 6190189 astoriajoe
astoriajoe's picture

Obviously another brown-skinned basement dweller.

Fri, 06/12/2015 - 11:21 | 6190199 NotApplicable
NotApplicable's picture

"Round up the usual suspects."

Fri, 06/12/2015 - 11:30 | 6190218 pods
pods's picture

Just another glitch in the Matrix.
Enjoy the steak, tip you waitress.

pods 

Fri, 06/12/2015 - 11:34 | 6190227 max2205
max2205's picture

Cramer said the euro must get stronger and so it shall be 

Fri, 06/12/2015 - 11:38 | 6190241 prudent1nvestor
prudent1nvestor's picture

awww f. Im long euro, why did you have to ruin it for me?

Fri, 06/12/2015 - 11:52 | 6190284 Divine Wind
Divine Wind's picture

 

 

 

Don't blame me. I dindu nuffins.

Fri, 06/12/2015 - 12:34 | 6190395 Boxed Merlot
Boxed Merlot's picture

Don't blame me...

 

Thanks a lot!  I thought I finally got "dindu nuffins" out of my head 2 days ago and now you've started the infernal earworm all over again.  I've gone back to Twain's Punch Brother / Literary Nightmare to try to remember how to get rid of it.  So here you go, infect the phrase to a university class of Keynesian economists.

Fri, 06/12/2015 - 13:18 | 6190536 MonetaryApostate
MonetaryApostate's picture

Why am I visualizing some assclown in a london bank with this gigantic computer screen moving massively huge quantities of money around the world?

Fri, 06/12/2015 - 14:34 | 6190822 DannoH
DannoH's picture

Oh Hells No. Now I have "Punch brother punch with care punch in the presence of the passenj-air!" stuck in my head.

Fri, 06/12/2015 - 16:47 | 6191332 Boxed Merlot
Boxed Merlot's picture

punch in the presence...

 

https://encrypted.google.com/url?sa=i&rct=j&q=&esrc=s&source=images&cd=&...

 

Glad to be of some assistance.  I'm feeling better already. 

 

As much as I like Vonnegut, Sam rules.

Fri, 06/12/2015 - 11:39 | 6190236 PartysOver
PartysOver's picture

Obviously another brown-skinned basement dweller.

AKA:  Persona Non Grata Party Crasher.

Fri, 06/12/2015 - 11:20 | 6190193 Soul Glow
Soul Glow's picture

Kevin Henry FTMFW!

Fri, 06/12/2015 - 11:21 | 6190196 madbraz
madbraz's picture

nothing broke, just the usual suspects in very high places doing their corrupt thing without any worries about going to jail for it.

Fri, 06/12/2015 - 11:24 | 6190202 Soul Glow
Soul Glow's picture

Do you think Jaime Dimon pays for Kevin Henry's cell phone to make sure he can reach him at all times?

Fri, 06/12/2015 - 11:28 | 6190212 Philo Beddoe
Philo Beddoe's picture

Why bother? Jamie just has to unzip his fly. 

Fri, 06/12/2015 - 11:24 | 6190204 NotApplicable
NotApplicable's picture

You mean perpetrators. AFAIK, they are beyond suspicion.

Fri, 06/12/2015 - 11:24 | 6190203 Ploutos74
Ploutos74's picture

The evil North Koreans did it. Bomb them

Fri, 06/12/2015 - 11:27 | 6190208 Soul Glow
Soul Glow's picture

Dudes this is what Obama wants - a weaker dollar.  Not only him but any Neo-Keynsian fascist economist.  Yellen, Bernanke, Krugman - they all want a weaker dollar thus to "increase exports".  That is the doctrine and it is taught at every college econ 101 class.

Fri, 06/12/2015 - 11:36 | 6190232 oudinot
oudinot's picture

Right on, Soul Glow.  

Unfortunately, every other sovereign country is attmpting to do the same with tier currency  with their own  Neo-Keynesian Central Bank 'braintrust'.

Fri, 06/12/2015 - 11:56 | 6190300 DanDaley
DanDaley's picture

They're getting a weak dollar, alright...maybe even a dead dollar:

 

A chart for your consideration:

http://cdn2.img.sputniknews.com/images/102157/54/1021575463.png

Fri, 06/12/2015 - 11:27 | 6190209 SpanishGoop
SpanishGoop's picture

Opes sorry. Wrong button.

 

Fri, 06/12/2015 - 11:29 | 6190215 vote_libertaria...
vote_libertarian_party's picture

My bad, I tripped over the power chord.

Fri, 06/12/2015 - 11:32 | 6190223 asteroids
asteroids's picture

The FX market being much larger than bonds or equities are managed by the boyz with an iron grip You think these are "free markets" think again.

Fri, 06/12/2015 - 11:39 | 6190244 European on my ...
European on my shoe Jimmy's picture

Do I sense that the Dow have fully discounted yellens future comments on interest rate hikes, interestingly, Dow doesn't respond so vigorously when hike is mentioned. Ergo buy with hands

Fri, 06/12/2015 - 11:33 | 6190224 Latitude25
Latitude25's picture

Someone made a few billions in milliseconds.

Fri, 06/12/2015 - 11:44 | 6190254 European on my ...
European on my shoe Jimmy's picture

This smuck is up £120 but that's billions to me !

Fri, 06/12/2015 - 11:42 | 6190252 Fun Facts
Fun Facts's picture

the perils of CB synthetic liquidity

Fri, 06/12/2015 - 11:53 | 6190290 Herdee
Herdee's picture

Increasing American exports?tell me how Cities like Detroit and soon about 30 other bankrupt entities are going to compete with China?The only money Obama has for fighting foreign wars.You know,truth,justice and the American way.Got to fight the Russian boogeyman.

Fri, 06/12/2015 - 11:58 | 6190312 asfffasfff
asfffasfff's picture

M:A.N[I:P#U"L?A1T\I-O?N

Fri, 06/12/2015 - 12:01 | 6190320 luckylogger
luckylogger's picture

That brown skinned fuker got me, just got short ym and could not believe how fast it went up.......

Tried to move the stop down and was already stopped out...

Fuking jew bastards any way!!!!!!!!!!!!!!!!

Fri, 06/12/2015 - 12:26 | 6190391 Smuckers
Smuckers's picture

Where's Pinkman, I think we need his magnet.

Fri, 06/12/2015 - 12:29 | 6190398 22winmag
22winmag's picture

This smells to high heaven, yet it is a fart in a wind storm.

Fri, 06/12/2015 - 12:38 | 6190435 Likstane
Likstane's picture

That was my trade...shot some WD-40 into the back of my Compaq 2100 and sucked down a couple red bulls...blitzed those machines before they knew what hit them. I'm up 40 large

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