Additional strong corporate reporting further undermined the dollar, as investors actively bought night risky assets. At the same time, we observe the VIX at the middle of 2008, which means that now only a slight aversion to risk on the shares. In the FOREX market index estimated monthly volatility CVIX, only slightly above the lows in mid-2008. This confirms the fact that investors expect good times ahead, only minimal hedging their investments, whether they bet against the decline of the euro over sovereign issues, or the apparent reversal of the Aussie recent highs because of the inflated position to buy assets that have access to margin lending. Yes, the statements were strong, but economic data from the U.S. and some European countries have not yet strong enough to call it self-sustaining recovery.
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