- Today's big EUR/USD moves go largely unexplained
- EUR/USD 1 cent whipsaw since CPI, clearly liquidity since FOMC is a big issue
- Illiquid EUR/USD market may be prelude to lower volumes
- Big whipsaw moves will curtail risk-taking even more
- A drop in volatility seems likely with resistance above 1.1000 growing
- One month EUR/USD volume is relatively high, mid 12's vs rough 8-13 ranges






