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Raging

What Raging Forex Volatility Tells Us About Friday’s Stock Market Plunge

The U.S. stock market dropped sharply on Friday. Forex trading sprung to life with strong moves in the euro, U.S. dollar, Chinese yuan, and Japanese yen. Moves in currency and bonds suggest that big money is suddenly taking the S&P 500 sell-off seriously. In a very concerning sign for the U.S. stock market, the sleeping…