Stocks are on the slide, oil is down over $2, European banking shares are getting crunched again. It’s a full-blown risk-off event at long-last.
Watch AUD as its safe-haven status may come into question if it moves back below the 1.1000/10 area. Now at 1.1035.
EUR/USD is working through bids at the 1.4420 area and has fallen as low as 1.4414 so far.
Washington, this is your wake-up call!
