The Euro is up 1.3% - the biggest jump in 6 weeks - as the US Dollar is weakening against all the majors (except cable). The USD Index is down almost 1%, its biggest drop in 7 weeks...
Between weaker economic data (delaying hike or breaking narrative of recovery), BoJ inflation outlook, and Kuroda's comments on no need for additional QQE, the dollar is losing steam..
[3]
All the majors (except cable) are surging against the dollar...
[4]
And as The USD is sold, so Bonds are bid and stocks dumped...
[5]
Charts: Bloomberg
