Global News
What is global news?
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I think we either need to revisit what "3-year high" or what "unprecedented" means.
while the Euro going up isn't that amazing, the US has been seen as a safe haven for a while, that is changing which is actually quite unprecedented (to me at least), I'm not old enough to remember where did people put their money as a place of last resort before US Treasuries?
Well, yeah, but the news isn't about the dollar losing its reserve currency status, it's about it dropping against the euro. Sure, it may be a bellwether of the deeper, actually unprecedented change coming up, but, you know, three-year high means what it means.
Inconceivable!