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everything can happen. you might be right when it comes to dollar strengthening but i don't see any fundamentals behind it except for the risk aversion issueIgnored
And Brittish ponds.
And you should also mention the return for the money...EU is still now at 2% ... Not for long though... but then it will be at 1.5 ... the $ they almost pay you to hold it....
My 2 cents opinion...
cheers