By admin on June 26, 2010
From a low set in late November, the US dollar spent the first half of 2010 in a steady and inexhaustible rally to 15-month highs. Through the mid-point of the year, the single currency would not even suffer a correction that could be construed as the beginning of a potential reversal. That is, until June rolled around. There are many explanations for the greenback’s mid-year retracement; but no single justification better encompasses the motive to the altered course better than risk appetite itself.
Read More US Dollar Six Month Outlook
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