28th
September
2009
US Dollar May Have Set Important Bottom versus Euro (Daily FX via Yahoo! Finance)
posted in News |Forex Options and Futures markets show US Dollar sentiment at major bearish extremes versus the Euro, Swiss Franc, and Canadian Dollar. Such one-sided sentiment strongly suggests that the US Dollar could soon recover from its recently sizeable losses, and indeed we believe that the downtrodden Greenback could finally recover on a broad basis.
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