Hello Haim, This ... <<very "fundamental economic changes" since 5 PM today to justify over 1% swing in 5 hours>> ... sarcastic interpretation may be wrong, because, just perhaps, as in maybe, another way to see the situation is "very real Japan intervention, momentum weight of USD already in circulation, and absolutely certain USD bubble that is far from deflated managed to hold Euro gain to just 1% in 5 hours".
I got lucky, again, or at least so far Message 19766199 <<February 3rd, 2004>> :0)
The USD may rebound, given its residual popularity and embedded user base, and at some point, perhaps soon, I will make another adjustment so as to skip the final exam on currency swings. Such moves are possibly better based on the feel for the Force, never on fundamentals.
Chugs, Jay |