US Dollar Forecast to Appreciate versus Euro Ahead of NFPs Data Fundamental Outlook for US Dollar: Bullish – US Dollar surges to 6-month highs against Euro – Japanese Yen and US Dollar surge on financial risk aversion – January effect in the S&P 500 points to US Dollar gains in 2010 The US Dollar was far and away the best-performing G10 currency on sharp losses in the US S&P 500 and broad deterioration in financial market risk sentiment.

US Dollar Forecast to Appreciate versus Euro Ahead of NFPs Data Fundamental Outlook for US Dollar: Bullish – US Dollar surges to 6-month highs against Euro – Japanese Yen and US Dollar surge on financial risk aversion – January effect in the S&P 500 points to US Dollar gains in 2010 The US Dollar was far and away the best-performing G10 currency on sharp losses in the US S&P 500 and broad deterioration in financial market risk sentiment.

From currency to credit markets, the forces of mean reversion have run rampant in January.

The Euro-zone CPI estimate for January rose to 1.0% from 0.9% the month prior . Inflation is expected to rise for a fourth straight month as an improving global economy and rising oil prices continue to put upward pressure on prices.

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