Well, of course the rumor/news leak combo that caused the rapid turnaround from last nights lows in all pairings was the rumored death of Saudi King Fahid/ leak of German unemployment figures being better than expectation.

These sorts of 'news' items tend to surface just as the edge of a cliff is apparent, and allow the 'sharks to stophunt the reef-fish'.

So treat them as they should be treated - just another opportunity to get long USD

IMVHO of course

Xerof