Driven by no immediate fundamental or news catalyst, EURUSD is spiking (running stops to almost 1.1200) sending the USD index into yet another flash-crash this morning... as the carnage in bunds continues (+11bps to 65bps)...
USD Index is tumbling suddenly...
driven by a spike above 1.1100 in EURUSD... (highs at 1.1196! - 200 pips off lows)
Biggest move in CME Euro futures in at least a year. Today is black line pic.twitter.com/tPofbD7lWD [6]
— Eric Scott Hunsader (@nanexllc) June 2, 2015 [7]
Amid carnage in Bunds... (2nd biggest yield spike since 2012)
Charts: Bloomberg



