Open trading account 
We had an interesting day to day in the market and forex world. Update for entertainment purposes:
ú Huge moves as the market digests taper
ú US Initial jobless claims 354k vs 340k exp
ú June US Philly Fed hits highest in two years
ú IMF threatens to suspend aid payments to Greece
ú June US Markit manufacturing PMI 52.2 vs 52.5 exp
ú May US leading indicators 0.1% vs 0.2% exp
ú Bloomberg: Economists see taper beginning in September
ú June EZ consumer confidence -18.8 vs -21.50 exp
ú Soft TIPS auction
ú Gold down $70 to $1280, new cycle low
ú S&P 500 down 2.5% to 1588 — worst loss since 2011
ú US 10-year yields up 5 bps to 2.40% — highest since Aug 2011
ú CHF leads, NZD lags
It looks like the market threw a fit over the potential end of QE: stocks and bonds dropped and the US dollar surged. Most of the moves in FX came prior to US trading but the strong Philly Fed set off another wave of US dollar buying and that sent the euro down to 1.3161 — a two week low.
USD/JPY was relatively quiet for most of US trading. The 98.31 high in early European trading was challenged but never broken. As stocks broke through key support in the 1597/1600 zone, the trade turned around and the pair fell to 97.07 but has since rebounded to 97.50.
Cable was remarkably buoyant and stable, ranging in the 1.5450-1.5490 zone.
Commodity currencies were lower but the damage was before US trading began. AUD and NZD fell to fresh cycle lows and CAD is nearing the mark as well.
Gold was one of the big stories throughout the day is it took out key support at $1322 and continued to nosedive down to $1280, where it sits now. Silver fell 8% to 19.67.
I hope everyone had a good day and made some money!