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The most common story I hear is that the Dollar has bottomed while other currencies, especially the Euro, are getting weaker. We still have problems, but now everybody else is dealing with it as well. Long-term prospects for the Dollar haven't changed much, but short term it looks pretty good. I've sold almost all of my positions that are exposed to currency exchange risk and went long the Dollar with some UUP a couple of weeks ago.
__________________ "If everything is under control, you are going too slow." - Mario Andretti |