A New Year... A new direction for the USD?
Longer term, I believe the USD will strengthen in the medium term being the first several months of 2009. Going into this week it is hard to tell however where the USD will go in the first full week of 2009.
It is said that in equities (stocks) the first week of January usually reflects what we should expect for the year. It is not as clear-cut for currencies. However the first few weeks usually do reflect how the balance of the first quarter will go. Overall we are certainty going to have continued high volatility so opportunities will certainly be available.










