Last week may have signaled a change in the Dollar’s value against the major currencies. If you remember, the EUR/USD was traded almost at the 1.6000 level before the financial crisis outburst, and once it did, the EUR/USD dropped to almost 1.2200. The rally of all the major currencies against the Dollar could be the starting point for the idea that the forex market is finally correcting itself. Could we be seeing a return to market optimism?
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