Something obviously happened. In the span of 20 minutes or so the US$ dropped 40 cents to 75.8 only to recover back to 76.2. Meanwhile the DOW which was at 9,900 closed at 7,750 within the last hour or so.
I haven't heard anything scectacular from the FOMC meeting today.
Sinclair said it last Sunday, expect a lot of volatility coming fron the US$. Looks like he was bang on.
Later