2012 Archive Volume
The summer of 2012 saw the euro under intense strain as the European sovereign‑debt crisis rippled across the continent, causing five major G10 currency pairs to diverge sharply. EUR/SEK experienced the deepest drawdown at 9.1 % with a 1.6 % move, while EUR/JPY showed the largest single‑move at 2.5 % despite a 6.8 % drawdown, and EUR/USD recorded a 5.1 % drawdown with a 2.0 % move. This episode highlights how systemic shocks can rapidly amplify volatility across unrelated pairs, offering a vivid case study for decision‑making under stress.
7 files in this volume
The year in numbers
- 309
- Replayable scenarios
This year's files
- 01October 2012: Seven National Property Markets Begin a Coordinated Ascent
Seven national property indices began climbing together in October 2012, riding low rates and policy support through a rare sustained bull phase with minimal drawdowns.
Read the file → - 02December 2012: The Turning Point When US Housing Found Its Footing After Crisis
US housing's post-crisis turning point: how a shattered market found its footing from late 2012. Property boom, recovery dynamics.
Read the file → - 03Summer 2012: Drought and ECB OMT — The Dual Shock That Split Commodity Markets
June 2012 drought split US commodity markets while ECB's September OMT announcement reshaped global risk sentiment, creating divergent outcomes across grains, softs, and metals.
Read the file → - 042012 Global Equity Correction: From Summer Drawdown to Divergent Recovery
Global equities entered summer 2012 with a broad correction, then bifurcated sharply — US and Nordic markets recovered while emerging Asia and Europe diverged through year-end.
Read the file → - 05Summer 2012: The Euro Under Pressure — Five Currency Pairs, One Crisis
The summer of 2012 found the euro under severe stress as the European sovereign debt crisis unfolded across the continent, with five major G10 currency pairs diverging sharply.
Read the file → - 06July 2012: EUR/CHF Floor and the Divergent Fortunes of G10 Currency Pairs
The SNB's 11-month-old floor against the euro framed a summer of divergent G10 currency moves as the ECB pivoted toward aggressive easing.
Read the file → - 07January 2012: U.S. Housing Emerges into Recovery — Twelve Cities, One Question
January 2012: U.S. housing exits crisis into a recovery boom, testing whether early price gains signal sustainable rebound across twelve city-level markets.
Read the file →