Wonder why the FX "cartel" sent the USDJPY soaring starting sometime around 9:00 am?
Simple: to generate the kind of momentum buying panic in ES that sent it vertical by just about 6 points in seconds.
"Fair and efficient markets."
Epic USDJPY Ramp Causes Buying Panic In Futures
Wonder why the FX "cartel" sent the USDJPY soaring starting sometime around 9:00 am?
Copyright ©2009-2013 ZeroHedge.com/ABC Media, LTD; All Rights Reserved. Zero Hedge is intended for Mature Audiences. Familiarize yourself with our legal and use policies every time you engage the site: they're updated constantly without notice.
Comments
Log in or sign up to join the conversation.