-
Why The Big Overnight Move In EURUSD? Citigroup Explains
Just after 3:00 am Eastern, the EURUSD experienced a sharp large move lower, sliding by nearly 100 pips in under an hour, without what appeared to be a news catalyst (hardly that surprising in the New Illiquid Normal when one VWAP order can move risk by +/- 1%). For those curious what may have caused the sudden drop, here is one explanation from Citigroup. Mid morning a hit to the Euro legged the whole equity market lower. Remember last night was the Eurozone finance minister meeting and the comment from Juncker afterwards on Greece was “I’m impressed by the performance of the Greek government, by the willingness ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Oct 9, 2012 8:39am Oct 9, 2012 8:39am
- me-me
- Joined Jun 2011 | Status: Member | 221 Comments
- Comment #2
- Quote
- Oct 9, 2012 8:48am Oct 9, 2012 8:48am
- nAVIN2007
- Joined Dec 2007 | Status: mac daddy junior :) | 389 Comments
- Comment #3
- Quote
- Oct 9, 2012 8:49am Oct 9, 2012 8:49am
- Spik
- | Joined Jul 2010 | Status: Senior member | 293 Comments
- Comment #4
- Quote
- Oct 9, 2012 8:51am Oct 9, 2012 8:51am
- me-me
- Joined Jun 2011 | Status: Member | 221 Comments
- Comment #5
- Quote
- Oct 9, 2012 8:53am Oct 9, 2012 8:53am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #6
- Quote
- Oct 9, 2012 8:58am Oct 9, 2012 8:58am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #7
- Quote
- Oct 9, 2012 8:59am Oct 9, 2012 8:59am
- Guest
- | IP XX.XX.137.23
- Comment #8
- Quote
- Oct 9, 2012 9:04am Oct 9, 2012 9:04am
- CoolJL
- | Joined May 2011 | Status: Member | 811 Comments
- Comment #9
- Quote
- Oct 9, 2012 9:09am Oct 9, 2012 9:09am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #10
- Quote
- Oct 9, 2012 9:18am Oct 9, 2012 9:18am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #11
- Quote
- Oct 9, 2012 9:23am Oct 9, 2012 9:23am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #12
- Quote
- Oct 9, 2012 9:27am Oct 9, 2012 9:27am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #13
- Quote
- Oct 9, 2012 9:29am Oct 9, 2012 9:29am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #14
- Quote
- Oct 9, 2012 9:34am Oct 9, 2012 9:34am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #15
- Quote
- Oct 9, 2012 9:34am Oct 9, 2012 9:34am
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments
- Comment #16
- Quote
- Oct 9, 2012 9:40am Oct 9, 2012 9:40am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #17
- Quote
- Oct 9, 2012 9:45am Oct 9, 2012 9:45am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #18
- Quote
- Edited 9:59am Oct 9, 2012 9:49am | Edited 9:59am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #19
- Quote
- Oct 9, 2012 9:53am Oct 9, 2012 9:53am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #20
- Quote
- Oct 9, 2012 9:58am Oct 9, 2012 9:58am
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #21
- Quote
- Oct 9, 2012 10:01am Oct 9, 2012 10:01am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #22
- Quote
- Oct 9, 2012 10:02am Oct 9, 2012 10:02am
- Tourada
- | Joined Jan 2010 | Status: Trend line | 13 Comments
- Comment #23
- Quote
- Oct 9, 2012 10:51am Oct 9, 2012 10:51am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #24
- Quote
- Oct 9, 2012 10:58am Oct 9, 2012 10:58am
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments
- Comment #25
- Quote
- Oct 9, 2012 11:04am Oct 9, 2012 11:04am
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #26
- Quote
- Oct 9, 2012 11:18am Oct 9, 2012 11:18am
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #27
- Quote
- Oct 9, 2012 11:20am Oct 9, 2012 11:20am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #28
- Quote
- Oct 9, 2012 11:21am Oct 9, 2012 11:21am
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #29
- Quote
- Oct 9, 2012 11:23am Oct 9, 2012 11:23am
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments
- Comment #30
- Quote
- Oct 9, 2012 11:29am Oct 9, 2012 11:29am
- Sanguis
- | Joined Oct 2011 | Status: Member | 2845 Comments
- Comment #31
- Quote
- Oct 9, 2012 12:39pm Oct 9, 2012 12:39pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments
- Comment #32
- Quote
- Oct 9, 2012 1:53pm Oct 9, 2012 1:53pm
- prabakar
- | Joined Jun 2012 | Status: newbie trader | 50 Comments
- Comment #33
- Quote
- Oct 9, 2012 2:02pm Oct 9, 2012 2:02pm
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments
- Comment #34
- Quote
- Oct 9, 2012 2:41pm Oct 9, 2012 2:41pm
- jonahky7
- | Membership Revoked | Joined Aug 2011 | 4530 Comments
- Comment #35
- Quote
- Oct 9, 2012 2:44pm Oct 9, 2012 2:44pm
- hkg_paul
- Joined May 2011 | Status: Member | 1069 Comments
- Comment #36
- Quote
- Oct 9, 2012 2:49pm Oct 9, 2012 2:49pm
- Guest
- | IP XX.X.237.48
- Comment #37
- Quote
- Oct 9, 2012 4:06pm Oct 9, 2012 4:06pm
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #38
- Quote
- Oct 10, 2012 12:58am Oct 10, 2012 12:58am
- wlarimer
- | Joined Jun 2010 | Status: Member | 910 Comments
- Comment #39
- Quote
- Oct 10, 2012 1:13am Oct 10, 2012 1:13am
- ShadowZ
- | Joined Sep 2012 | Status: Member | 96 Comments
- Comment #40
- Quote
- Oct 10, 2012 3:30am Oct 10, 2012 3:30am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
Carbon-Dioxide: the gas of life!
- Comment #41
- Quote
- Oct 10, 2012 3:46am Oct 10, 2012 3:46am
- ShadowZ
- | Joined Sep 2012 | Status: Member | 96 Comments
- Comment #42
- Quote
- Oct 10, 2012 2:07pm Oct 10, 2012 2:07pm
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments
- Comment #43
- Quote
- Oct 10, 2012 5:20pm Oct 10, 2012 5:20pm
- jaygee
- | Membership Revoked | Joined Jul 2010 | 2713 Comments