DislikedI still like to see a fundamental analysis from Darkstar which underpin his forecast about strong US economy later this year.Ignored
It's always about the dominant theme at the time. Since the start of the financial crisis, risk appetite/aversion was the name of the game. Bad economic news pushed the dollar higher (risk aversion increases) and viceversa with good economic news. In fact, even good economic news from the US tended to hurt the dollar.
By the end of 2009 this seemed to end for the most part and now the new theme has become the fiscal woes in the Euro area and the whole Greece situation. This has esentially shaped the EURUSD trade for months and will likely continue to do so unless a definitive response, either by the EU, the IMF or both is given to the situation.
When this is done we'll move to the next one, which IMO will likely be related to interest rate hikes expectations as inflationary pressures will start to appear sooner or later.