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Dollar Flash-Crashes On Sudden EUR Spike Amid Carnage In Bunds

From zerohedge.com

Driven by no immediate fundamental or news catalyst, EURUSD is spiking (running stops to almost 1.1200) sending the USD index into yet another flash-crash this morning... as the carnage in bunds continues (+11bps to 65bps)... USD Index is tumbling suddenly... driven by a spike above 1.1100 in EURUSD... (highs at 1.1196! - 200 pips off lows) Amid carnage in Bunds... (2nd biggest yield spike since 2012) (full story)

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  • Category: High Impact Breaking News