David Monzoni
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Greece pours oil on flames

The USD has continued to extend gains in the wake of Wednesday’s FOMC meeting. As for me, I don't see any tough opposition from euro to the dollar: Bernanke's speech and news from Greece and Portugal did the trick. I believe very strongly that in the near future the fundamental factors will play its role and the price will go down somewhere to the 1,30-1,28… this summer, I believe, we will see 1,28 for sure… in addition, ECB is not really optimistic! The problematic countries like Greece will definitely remind you of yourself more than once.