Disliked- PA moves have been exaggerated by 100-300% due to thin markets.
- Asian Central Banks & Exporters, hands down, are controlling the Trends for the most part ... IMO
- China's rate hike was tiny compared to what it should be {they will easily be above 6% by summer time}.
- PPP {purchasing power parity} is out of sync for the Euro, so that needs to change.
-StopLoss's being knocked out left & right.
- Fundamentals {on this rare occasion} will out way Tech. for more then an hour and can set the new trend.
- 1.33 area is STRONG past...Ignored
thank you for your analysis of the recent situation. Well appreciated :-)