FRIDAY SEPTEMBER 05
Yen Drama Over US Payrolls?

Text message from a trader at 2328 hours: “Do you know what’s happened in the world? In the last hour, the markets went ridiculous. Not complaining, as they’re flying in my favor, but I’m too busy placing new stops, etc, to check on the news. Something must have happened...they’re moving like crazy...look at the yen go !!!” Indeed, the yen did go – and it kept going...

September 2008

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