Forex | Forex Blog | Forex and Financial Market Update 15 June 2009 (16/06/2009 13:04:20)

Forex and Financial Market Update 15 June 2009

Euro plunges from sharp drop in crude, S&P 500, and central bank rhetoric:

Today's strong market volatility can be best described by looking at what the world's three leading correlated markets did:

1. Crude oil dropped below the $70 level, losing over 2% on the day
2. The S&P and S&P 500 futures both lost over 20-points, closing down 2.4% on the day
3. The US dolla [...]

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