QUOTE(Lord1700 @ Apr 20 2009, 06:58 PM)
yeap..agreed! AU make a huge fall from early morning until now...almost 200pips...

Bro, you got profit from the AU huge fall ?

Just short AU or GU today and you will be laughing to the bank hehehe
Added on April 20, 2009, 10:52 pmQUOTE(cherasbabe @ Apr 20 2009, 10:10 PM)
EURUSD dropped 60pips last 20mins ago! wats goin on?
Dow Jones also tumbled down on early Monday morning. EUR and other pairs got whacked down hard making the US dollar index stronger. EUR make a huge percentage of the dollar index so I won't be surprised if EUR takes a big hit when USD rallies.
IMHO, investors had reduced their "risk aversion". They had been buying up stocks since the March lows. It is time to get realistic, back to fundamentals which is in bear market territory. Meaning that the money is flowing out of the stock market and back to the U.S. dollar

If you see the U.S. dollar index chart, the 'smart money' is supporting it in a mild uptrend.
This post has been edited by autoforexgroup: Apr 20 2009, 10:52 PM