USD has not budged much, infact just a plunge and that is it.
Hence, post NFP, US Treasury and FED is going big time to intervene in the market by buying up all the USD out there. Bernanke is going to protect his reputation by all means.
The only thing that can thwart FED intention would be a "Black Swan" event.
We may see 1.5000 within a short time.
It is going to be violent in both directions. Hence stay out.
Long term view, in Martin Feldstein recent article, USD has a lot more to fall, due to its increasing deficits when Oil rise further. (it is an acknowledged fact among the insiders that Oil has a lot to move)
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