Why is the Euro Tumbling as the Australian Dollar Surges?

– Aussie Dollar is sharply higher as European currencies tumble
– Lack of forex economic event risk suggest it’s position squaring
– Clear implications for Euro as we head into next week

Prepared by David Rodriguez, Quantitative Strategist
Contact and follow David via twitter: http://twitter.com/DRodriguezFX

Sign up for future e-mail updates via David’s distribution list: http://bitly.com/davidsemail

Source: Daily fx