Fake AP White House terror tweet closes out many FX traders
Fake AP White House terror explained by professional Forex trading experts the “Fake AP White House terror ” FX trading team.
Fake AP White House terror
Tuesday’s trading produced one of the oddest one-day price charts for the Dow Jones and S&P500 indices ever seen (see below). At about 1:07 EDT (New York time) an AP tweet stated “Breaking: Two Explosions in the White House and Barack Obama is Injured.” That tweet, coming from the official @AP Twitter account, sent US equity markets into a rapid tailspin, falling 1% almost instantly.
When it was revealed just several minutes later that AP’s Twitter account was hacked (by a supposed pro-Bashar Assad group) called the Syrian Electronic Army, and that the tweet was a fake, the equity markets immediately recovered all the lost ground, and continued on their merry way toward what turned out to be a very nice day, with the Dow up about 1% overall.
Fake AP White House terror Conclusion
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