pardon me, im a newbie in this forum. does anyone notice a much smaller volatility in forex' intraday behavior ? when i place a 300 or 500 bar average true range on 15minute charts of eurusd, gbpusd, usdchf, usdjpy, they are declining a lot since november 2006. what may cause this ? is it a more stable global economy ? more liquidity in the spot market ? less liquidity ? please advice. thank you.