In case you're wondering about that Thanksgiving dollar meltdown...

If, like me, you'd just publicly stated you were looking forward to a nice, quiet carry trade through the holiday and then discovered on Wednesday that your stops were gone, and then discovered on Friday that the dollar had been pounded down even further, you might be excused for wondering what the hell just happened. Since I certainly don't have the answers (just scroll down a bit to my previous post for proof of this) I'll hand you over to Kathy Lien and Boris Schlossberg at Daily FX for an excellent analysis of the holiday craziness:

Carry Trade Liquidation Hits the US Dollar

[Note to self: next year consider liquidating your trade before the holiday rather than blogging about it.]

Euro and Pound Reach Multi Month Highs

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