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GBP Flash Crash, USD Stronger Ahead Of NFPs

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 7, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
    Likes Received:
    In the early Asian session, the pound sterling plunged 770 pips against the US dollar, or 6.15%, reaching its lowest level since March 1985. The 'flash crash' pushed the currency as low as $1.1841 before bouncing back above the 1.24 threshold. The rumour mill is in overdrive concerning the origin[​IMG]

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