Crazy action before and after the Yellen speech. There was a big fat finger bust down to 1275 prior, and then when Yellen said Good morning the Euro went crazy and the DXY dropped below 93. Normally that should have produced a 1300 price but it was all Euro up almost 1% against the USD in 5 minutes while UJ jumped but not nearly as much. This gave a bit of a 'false' read on the DXY. We got to 1294.35 and then back down again. DXY now clawing back to 93 but looking pretty bearish. Much depends on Dragi for this week's close, and maybe the storm in Texas.
