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Thursday, July 4, 2013

More than 100 PIPS!

The Euro dropped more than 100 pips on Draghi's press conference. Seems
like some people made a lot of money at other peoples expense again.

The movement seemed to be a bit out of sync with reality. Many analysts
even stated that a dovish ECB is bearish for the Euro.

Reminds me of that scene in "A Good Year" where Russell Crowe
manipulated the market to make a quick profit.

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