US equities are at session lows, down 1.9%; Oil is losing gains, up only $0.70 after rallying almost $3 earlier in the day.
EUR/USD continues its decline as frustrated longs continue to pull the plug. Yesterday’s sharp rebound from the 1.3855 level signaled to some that the euro was invincible. Looks can be deceiving.
We tarde now at session lows around 1.3875 while USD/JPY flirts with levels below 80.00 again.
USD/CHF is close to all-time lows at 0.9070 recorded earlier this afternoon.
