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Strategies & Market Trends : Classic TA Workplace
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To: yard_man who wrote (79585)8/22/2003 10:08:20 AM
From: Haim R. Branisteanu  Read Replies (1) of 209892
 
Take a look at the EUR the currency dropped from 1.134 to 1.085 in a week that is 4.5% EUR depreciation / USD appreciation with no real shattering news as more or less the economic results were expected in the US and Europe.

Now do not tell me that rising from 1.06 to 1.193 and back to similar level is done by free market forces
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