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USDX just dropped to 82 and rebounded back to 86.5 in a few minutes

 
Levski
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User ID: 318585
Bulgaria
05/19/2010 11:10 AM
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USDX just dropped to 82 and rebounded back to 86.5 in a few minutes
How is that possible?

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Noah was a conspiracy theorist too, until it started raining.
Lowell Dongs
User ID: 975184
United States
05/19/2010 11:11 AM
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Re: USDX just dropped to 82 and rebounded back to 86.5 in a few minutes
It is....Believe me, it is...
Anonymous Coward
User ID: 975207
China
05/19/2010 11:16 AM
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Re: USDX just dropped to 82 and rebounded back to 86.5 in a few minutes
Fat fingers.
Anonymous Coward
User ID: 692405
United States
05/19/2010 11:21 AM
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Re: USDX just dropped to 82 and rebounded back to 86.5 in a few minutes
Greek Finance Minister made some comment about Greece potentially leaving the EMU, although I don't understand how a Greek default, in the EMU or not, is bullish for the Euro. The Euro climb seems to be what pushed the DY down, though.
Levski  (OP)

User ID: 318585
Bulgaria
05/19/2010 11:26 AM
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Re: USDX just dropped to 82 and rebounded back to 86.5 in a few minutes
It is....Believe me, it is...
 Quoting: Lowell Dongs 975184


So that has happened before?
I thought that would be huge crash

Last Edited by Levski on 05/19/2010 11:27 AM
Noah was a conspiracy theorist too, until it started raining.
Anonymous Coward
User ID: 692405
United States
05/19/2010 11:38 AM
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Re: USDX just dropped to 82 and rebounded back to 86.5 in a few minutes
Look at the huge swing in the Swiss Franc. This isn't organic - this is central banks fucking around. Wouldn't want to be an FX trader today.





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