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The Euro Is Crashing, DXY Almost 100

A sudden plunge in EURUSD - bashing it down towards the 1.04 handle (which would be the lowest since Jan 2003) has sparked a recoupling of equity fantasy down to everything else's reality. Given its weight in EUR, The USD Index has surged to 100.00 - highest since March 2003. EURUSD is now down 35 handles since Draghi started jawboning... when does this "good" collapse morph into "capital flight" concerns?

 

EURUSD plunge-nado...

 

Sending The USD Index to 100.00...

 

The fastest rise in 34 years

 

Banged stocks to the Low of day...

 

 

Charts: Bloomberg