“Crash” is the new normal in FX markets it would appear. As the following charts show, first we had AUD turbulence, then EUR crashed, and now JPY is continuing its cataclysmic carry-trade-driven push for hyperinflation as it pushes to 114 – a stunning 6 handles collapse since the FOMC statement…
First AUD then EUR plunge…
Then JPY keeps sliding against everything…
AS USDJPY continues to collapse – now 6 handles since FOMC
Source: Nanex @NanexLLC
via Zero Hedge http://ift.tt/13zcPaI Tyler Durden