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Another Blatant EUR Intervention Leads To 150 pip EURUSD Move In Seconds
Posted By admin On June 1, 2010 @ 9:19 am In Money Watch | Comments Disabled
Zero Hedge 
Tuesday, June 1, 2010
With all the grace of a drunk Keynesian at an Austrian economists meeting, the Central Banks once again kill the EUR shorts and intervene to prop it up, for a ridiculous 250 pips intraday move.
And thanks to Germany’s Economics Minister Rainer Bruderle , we now know that the Fed is actively manipulating the FX pairs.
Thank you Ben Bernanke for making sure that Atari has some confidence left in the manipulated market, as no humans are left any more.
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URL to article: http://www.prisonplanet.com/another-blatant-eur-intervention-leads-to-150-pip-eurusd-move-in-seconds.html
URLs in this post:
 Zero Hedge: http://www.zerohedge.com/article/another-blatant-eur-intervention-leads-150-pip-eurusd-move-seconds
 Germany’s Economics Minister Rainer Bruderle: http://www.zerohedge.com/article/german-economics-minister-confirms-fed-manipulates-fx-market
 EURJPY Liquidations Take Pair Below 110, 100 pip Move In Seconds; BOJ Expected To Intervene Imminently: http://www.prisonplanet.com/eurjpy-liquidations-take-pair-below-110-100-pip-move-in-seconds-boj-expected-to-intervene-imminently.html
 Central Bank Intervention Is Now Self-Defeating: http://www.prisonplanet.com/central-bank-intervention-is-now-self-defeating.html
 THEY DID IT: Swiss National Bank Makes Epic Intervention Move, Sending The Swiss Franc Plunging: http://www.prisonplanet.com/they-did-it-swiss-national-bank-makes-epic-intervention-move-sending-the-swiss-franc-plunging.html
 Moody’s Put Spain’s Aa1 Rating On Downgrade Review, EURUSD Meets Gravity: http://www.prisonplanet.com/moodys-put-spains-aa1-rating-on-downgrade-review-eurusd-meets-gravity.html
 EURUSD Roll Over Accelerates, Market Playing Catch Up: http://www.prisonplanet.com/global-stocks-surge-following-eu-bailout.html
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