EURUSD Opens Down 150 Pips, Breaks To 1.09 Handle

Submitted by Tyler Durden on 06/28/2015 15:26 -0400

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Contained-ish...

EURUSD trades 1.0997 before some stops bounce...

EURCHF tumbling (CHF bid)...

We wait to see where equities open... which could be a problem as USDJPY has collapsed (carry unwinds en masse)

Which implies a 40-50 point drop in the S&P...

And when the very visible hand of the SNB and ECB step in.

Average: