That is a HUGE swing, with the Euro on the losing side, especially as for the past six months the Euro has been gaining steady ground.
The US Dollar and British Pound are also getting hammered badly by the Yen but not as badly as the Euro.
Is it just the Italian election results or is there something bigger afoot?
As a swing trader it’s nice to see the VIX up again.
2013 had been boring.
A classic case of OCV (Obama-caused volatility). Meant to further scare you until he can successfully roll Boehner on the sequester.
Once Barry gets his way all will be sweetness and light on Wall Street again. You’ll see.