Wow, check out AUD and NZD I don't trade these but keep them up on my screen and haven't seen moves like this in... ever
A man can't post a cover of a great Porn VHS without getting his post deleted. What is ET coming too.
The Aussie has been my printing press! I may have to make a trip "Down Under" and thank the local ladies soon. el surdo
Unwinding of the carry trade. http://www.bloomberg.com/apps/news?pid=20601083&sid=a4maAU5jiR6g&refer=currency
Surdo is right, but in laymans terms it's "institutional fear", there are more aspects to it than that. i didnt say resources bubble, dammit, its a credit bubble, buy commodities and their associated stocks
I know.. if you wanted to post mindless drivel in thread after thread like the 100% no risk kiddies do then you would be the moderators best friends.. it's pathetic