With the labor market improving, inflationary pressures increasing, and a violent reaction to a Greek default averted for the time being, the Fed has plenty of reasons to be less pessimistic. We expect the central bank to acknowledge all of these improvements, which should be good enough to lift the dollar.
http://www.fx360.com/commentary/kathy/7210/usd-feds-game-plan-for-recovery.aspx
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