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December 28, 2011

EUR Plunges In Thin Market, Below 1.3000

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While it is unclear what just spooked the EURUSD, sending it lower by 70 pips in minutes, perhaps a better question is why the EURUSD is not thousands of pips lower to begin with. As a reminder every single large bank is pushing for a lower EURUSD on hopes that a EUR collapse will kill the market... FF News: Fundamental

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