What the hell just happened to the Aussie?

All Aussie pairs just dropped through the basement.

AUD/USD 200 pips down, AUD/JPY hammered, and forget about EUR/AUD! Through 2.10!!

 

Just walked in the house, holy crap!
Where's my reversal?LOL
Grabbed 23

 

2.1015 was approx daily resistance. It may be ready for another run up?

 

The GE news caused this?

 

Why would the GE news affect the Aussie?

 

Quantas deal off !

 

risk aversion

 

I am just thinking of the timing of the dive. The Quantas news was already a few hours old before this swoon.

GE down, pushing market down, crude down, Aussie up 400 pts since Tues, just could have been an excuse for a little profit taking.

 

That was crazy. I had a small short, left the computer, came back and had 200 pips.

 

http://www.cnbc.com/id/15840232?video=971304118&play=1