Don't discount the ever builiding presssure on Trichett to lower'em over there.
Long term I still agree tho.....the greenback should track lower......but tryin to survive the pops & dives is the trick....the euro will def see several hard spikes to the south between now & the time it begins retesting the old 160 highs.
I finally bailed on all my short usd/chf....slowly scaled out over a coupla days this week & all for over 1K pips ;))
I gotta admit.....sure happend a lot faster than I thot it would....was thinken a coupla mos for 500 pips....instead....less than 3 weeks to 1K :))
I suppose that's what's been goin on as of late w/it all.....far more volitility...stuff goin further 'n faster than we've become accustom to.