In the past month, the US looks to be closer to some stability in economic activity at the same time that Europe is moving farther away. Asia is somewhere in-between with activity still solid, but not as solid as 2010. We think the broad trend over the next six-to-twelve months will still favor the USD, but we are assuming a more cautious profile.
To see our complete analysis, click here: The Near, The Far and the In-Between
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