Quick Updates in the Morning
- Another wild day in late NY and early Asia. Increasingly looks like markets are being highly manipulated.
- Moody's threatens to downgrade USA and this news came at when market has low volumes, which makes it easy for manipulation.
- USDJPY and USDCHF fell like a rock but have recovered somewhat.
- EURUSD went through the roof and ended up at a high of around 1.4280. Looks quite toppy to me.
- NZDUSD keeps going up and up and this causes AUDNZD to crash.
- EURGBP seems the only stable pair at this moment.
- Market stable for now but could turn violent. Stay out if you cant understand whats happening.