17:52CET
Ridiculous and not worth your time market with this Fed-clowns playing their game and not letting any other rational explanation or event take center stage at the moment. The USD is getting hit hard vs most of the majors (except for GBP, the rest are only marching in one direction these days), and day after day it just looks worse. Today it was the ADP excuse, which could be repeated tomorrow just to mark some time ahead of the NFP release on Friday. Rational developments are out of the FX market, which has even decoupled from stock trading in the last 3-4 days, hinting at a total market aberration just about to see its climax and end. Sometimes it's just better to watch TV. I also find it very funny that the USD/JPY is below BoJ intervention levels and they aren't doing a thing. Very fishy indeed...Posted via email from MT4
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