Dollar Flash Crashes: Currency Market Pulverized As Dollar Implodes After Close

Complete Currency Carnage...

 

At 1604ET - the FX world went crazy...

 

Here is the close-up...

 

As The Dollar flash-crashed...

 

 

It wasn't just the FOMC move - this something more right after the bell

 

led by JPY and EUR... 2 big figure collapse in JPY!!! 400 pips in EUR!!!!

 

And Swissy the biggest move of all...

 

Charts: Bloomberg

Copyright ©2009-2015 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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with
Moon Kil Woong 10 years ago Contributor's comment

Yellen must be laughing at how stupid people are in the market. She is a dove. I'm sure she feels that those that believed otherwise deserve to lose their money. After all, she wants the TBTF banks that got her into the head of the Federal Reserve to be richly rewarded off of the backs of wealthy people who get no interest and the American people who are the cows for her TBTF banks to feed off of when the next downturn comes. She is not the saint that pours money onto the people, she is the pied piper leading Americans into debt so they all fall down the economic cliff she is creating as the Federal Reserve continues the zombie economy.

It is depressing, not because economics is the dismal science, because the economy has been hijacked by self interested who want wealth at no cost to them but at a gigantic cost to all the rest of America. I hope everyone wakes up and sees the trail of cookies leads off a cliff worse than the last one the Federal reserve made for America.