A year’s worth of uncertainty left the US Dollar almost squarely unchanged versus the Euro in 2012, and a number of unanswered questions promise similar indecision into the New Year. We believe that a number of threats to global financial markets should favor the safe-haven US currency. Yet forex market volatility stands at its lowest levels since the onset of the financial crisis; current ‘risk’ trends could bring continued US Dollar weakness into the first quarter of 2013. Clear Risks to Financial Markets The past year has been marked with considerable risks to the global economy—Euro Zone fiscal crises, US ... (full story)