Dollar finds its wings

- By FX Markets Staff
- @FXMarkets_
- 18 Nov 2002

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Most times the FX markets are focused on short-term developments -- an economic release, the day’s equity market return, or expectations about interest rates. And then there are those rather rare occasions when the market deals with major shifts in forces that could set the tone for months to come. In our view, the current environment is one of those rare occasions.

There are two major -- and opposing -- views on the medium-term outlook for the dollar. The persistent negative view on the currency

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