While Facebook's after-hours demise weighed on stock indices (Nasdaq futures broke key 100-DMA support), the overnight action in Asia is centered on currency turmoiling…
Facebook's plunge is hammering the NASDAQ but that drop accelerate as currencies snapped in AsiaPac…
Pushing Nasdaq futures below the key 100-day moving-average…
But the real fun is in Currencies tonight…
USDJPY broke below its 100-DMA, having fallen (Yen strength) non-stop since The BoJ…
Plunging through 103.00 stops…
And the Mexican Peso pounding continues, testing to 19.50..
With the USD Index extending its losses to three-week lows…
Sending Bitcoin soaring..
And the Long Bond is ripping higher (yields lower)…
And safe haven bids have pushed gold back above $1300…
via http://ift.tt/2epOhZT Tyler Durden