Alright. We’re getting very close to writing the obituary for EUR/US markets correlation.
We told you early this morning to not get jazzed by the big rally in the euro, and the subsequent hours have borne that out. The US markets are getting hammered (again), with major indices off over 1%, and yet the euro is on fire, perhaps even on a fast-course to $1.25.
NOW WATCH: Money & Markets videos
Business Insider Emails & Alerts
Site highlights each day to your inbox.