Having sailed though a month of storms since our last round-up, its official: weve now run aground in the most turbulent financial seas since the first use of the expression Credit Crunch was coined. Having weathered the extreme volatile markets in July and August, with unwinding JPY carry trades, the weak EUR, collapses of the oil prices, and the GBP, AUD, NZD up down like the proverbial brides night gown, not to mention cable collapsing over 1,500 pips to its lowest close in last 2 years.
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