With the markets cheering the possibility of more external support by the ECB and Fed next week, risk appetite was on the rise while the safe haven dollar was deserted. Positioned at the extreme end of the risk spectrum, the greenback was throttled by the 4.4 percent recovery by the Dow and 4.1 percent rebound for the S&P 500 this past week (both closed at two-and-a-half month highs).
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