I don’t believe 1.000 traded but it was close. 1.0006 it looks like according to Reuters.
Swift bounce back into the 20’s
We’ve broken the June 2010 and the July 2012 trend lines. We now have the Oct 2011 trend line next on the list but it’s down at 0.9860 with the 200 wma at 0.9840, so a way to go yet.
That said, if parity does go we can expect an acceleration to the downside as stops get hit. 1.00 is a big psychological level and the yield chasers will start to get nervous
