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EURUSD Crashes To 1.06 Handle - 7-Month Lows

It appears the stop sbelow yesterday's lows (following The ECB's jawboning of "big cuts" in rates) have been run, sparking a 40 pip waterfall to a 1.06 handle in EURUSD (and there are more ECB speakers to come). These are 7-month lows in EURUSD and are pressing The USD Index to break April's highs.

 

 

 

 

Charts: Bloomberg