Equities markets follow suit.
FED artificially drops "overnight" rates for USD in EUR banks. Quickly raises EUR/USD on Forex.
Not an official "send US TAX $ to Europe" but it's really the same thing.
After all, the FED and US big banks are pretty tight. Instead of keeping your deposits safe and useful in the US, now they have to fight tooth and nail to extricate from the risky Euro-Zone where they shouldn't have been investing your money in the first place.
Uggg. You need to see our 11/16 post about "immediate trading opportunity" - if you are as fortunate as most of our clients, you have now succeeded (won) at BOTH trades instead of only one. This is how we prosper from the worldwide mess.
