What just happened? Why the big bull spikes JPY & CAD? Selloff in EURO?? Can anyone share insight with me? I flattened everything till I reassess this situation.
There is no fundamental reason : it is only psychological. Too many people feel they didn't make money despite new all-time highs and strong dollar. They are struggling now : parity for the EURUSD? Bull / bear for equities ? Bull / bear for bonds? We are entering a period of high volatility before Thanksgiving and year's end. Keep cool and you will trade great! CM