EURUSD just broke to a 1.05 handle, its lowest since April. With EURUSD now down 9 big figures from Draghi's mid-October jawboning, the US Dollar index (heavily-weighted to EUR) is soaring, reaching back above to its highest since March. Bearing in mind that Fed's Fischer says that the worst of USD's impact on the US economy is yet to come [3], we may have a problem.
EURUSD tumblefest continues...
[4]
Sending The USD to US Corporate earnings-crushing 8-month highs...
[5]
Charts: Bloomberg
