Traders are idiots

This is lots of fun:
To cut in order dollar to go up...

---

LONDON (Thomson Financial)
The dollar held onto its earlier gains against other major currencies, helped by a rise in stocks and the view that a likely US rate cut next month will keep the economy from a hard landing.

US stocks rose strongly overnight after the Federal Reserve's vice chairman Donald Kohn indicated that rates would be cut in December, despite the hawkish rhetoric from other Fed officials.