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...
[4]
Sending The USD Index to 100.00...
[5]
The fastest rise in 34 years
[6]
Banged stocks to the Low of day...
Charts: Bloomberg
