ForexLive Americas wrap: Terrorists attack Boston

Forex trading headlines for April 15, 2013: Two explosions at the Boston Marathon Gold falls $143 to $1339 -- biggest % drop since 1983 Empire Fed manufacturing index +3.05 vs +7.0 exp Draghi says ECB doesn't have a life-preserver for failing banks NAHB US homebuilder sentiment 42 vs 45 exp Bill Gross doubles-down on gold, bad idea S&P 500 down 2.3% to 1552 JPY leads, commodity FX lags Our thoughts are with the people in Boston as we try to understand why anyone would bomb a marathon. For those of you just waking up, the slump in markets started long before the attacks. The crushing declines in gold spread to other commodities, then stocks and then to forex. As sentiment deteriorated, commodity currencies began to wilt. Once USD/JPY broke 97.50 the market rushed into yen. Late in the day, news of the explosions hit and market participants scrambled into bonds and yen.