Looks like the market has started to move again after the break for turkey, with EUR, GBP and the precious metals getting hit pretty hard. EUR/USD has broken below 1.3000 and the dollar overall looks like it will enter 2012 with a strong bid tone.
EUR/JPY is starting to move towards large optionality at 100.00 and if the big stop-loss sell orders are below there as reported, then we could see some sharp moves in these still-illiquid markets.
Good luck today.
