I'm not sure if a $ bull market has started.
Other than risk-aversion and the fact that some economies in the Euro zone (Greece) suck, why should some one put money into the dollar? The Europeans are trying to devalue the Euro and we're trying to devalue the dollar. Both of us have to devalue, in order to compete. The Euro zone will print less, probably, because they're more afraid of inflation.
JPY will begin another wave up now, along with the $, on risk aversion, but JPY will be the better buy.
Although they're pressing Prichet not to say anything about raising rates, despite inflation, Prichet is an inflation hawk.
GBP may raise rates in February. This could provide a nice bounce play if it gets too oversold verses the dollar -- in the upcoming move to safety.
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