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US dollar reprieve to be short lived. Those sitting back and watching the events of this week unfold across financial markets will no doubt be asking the question; are we witnessing a return to equilibrium or staring down the barrel of another major economic downturn? All of the aforementioned factors have in some way have promoted a long overdue reprieve for the US dollar, albeit for all the wrong reasons. So the question remains where to now? April 14, 2011.