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Pros: Dollar Liftoff Ahead

From cnbc.com

The forex markets have been nothing if not exciting this week, what with the Italian elections, commentary from Federal Reserve Chairman Ben Bernanke, and the naming of a new Bank of Japanchief. If you were busy watching the euro tank and the yen soar, you may have missed a bigger currency story: The dollar, some experts said, is poised for significant strengthening. "Almost all currencies appeared to have peaked against the dollar, and the more recent rise in USD/JPY suggest the broad dollar is embarking on a multi-year uptrend," wrote Bilal Hafeez, a currency strategist at Deutsche Bank, in a note to clients ... (full story)

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