Gain charts breakdown between inverse dollar and commodities correlations
“Overall, I thought the US dollar was sold excessively in the run-up to the Fed’s QE2 announcement and was due for a rebound,” said Brian Dolan, chief currency strategist at the online trading company in Bedminster, New Jersey. “US data had been surprising to the upside and eurozone debt concerns were building again, setting the stage for a euro relapse and US dollar rebound.”
Dolan said 2010 has been dominated by euro and US dollar themes, which has underpinned his forecasts. Going into next
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