Wirelessly posted (Palm850/V0100 Mozilla/4.0 (compatible; MSIE 6.0; Windows CE; IEMobile 7.11))

tauphi - yes exactly. Had the SNB not intervened then yuropflyer would have ended up ahead.

Since we cannot predict future rates with certainty, I rather reduce spreads based on post date. I won't regret about foregone opportunities that can only be known after the fact.