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Home > EURUSD Crashes 200 Pips, Biggest Drop In 9 Months

EURUSD Crashes 200 Pips, Biggest Drop In 9 Months

By Tyler Durden
Created 10/22/2015 - 11:40
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 10/22/2015 11:40 -0500



 

So much for The Fed stepping back to weaken the USD and save US Corporate earnings...

 

EURUSD -205pips...

 

The biggest percentage drop in 9 months...

 

Pushing The USD to 3-month highs...

[2]

 

And suggesting it is time for the PBOC to devalue again...

[3]

 

How will that 'help' the US earnings picture... [4]

[5]

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-10-22/eurusd-crashes-200-pips-biggest-drop-9-months

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/10-overflow/20151022_EUR2.jpg
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/10-overflow/20151022_EURCNH.jpg
[4] http://www.zerohedge.com/news/2015-10-16/its-not-economy-stupid-its-dollar
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/10/20151016_USD1.jpg