60 Pips bounce??? any one has clue ?
Don't even think about trying to catch that falling knife right now
USDJPY smashed to 119.55, European stocks down around 4% across the board. Dangerous times folks as we get yet another bout of hitting the panic button. USDJPY gets another booting through 120.00 and pulls up 45 pips worse off. EURUSD runs through the barriers, orders and whatever else in the way to 1.1542 while GBPUSD hits 1.5749. European stocks are getting nailed again and that won't bode well for the US open. European stocks. At the moment there's no hiding places and even the swissy is now finding those safety flows. After running up to 1.0859 earlier we're now at the lows of 1.0769. Not a day to be brave and ... (full story)