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Jane Foley senior currency strategist at Rabobank agreed.
Eric Viloria, a senior currency strategist for Forex.com, said the currency had begun to look attractive as a safe haven.
"They've capitulated to reality," said Marshall Gittler, senior currency strategist at the Bank of America in Tokyo.
By the time he died, he was a senior currency broker, a job his bilingualism helped him get.
It could also complicate the Fed's task, said Dustin Reid, a senior currency strategist at ABN Amro in Chicago.
Win Thin, a senior currency strategist with Brown Brothers Harriman & Company, said Hungary's economy was highly dependent on exports to Western Europe.
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Jeremy Fand, senior proprietary currency trader at WestLB in New York, is in the contrarian camp, predicting that the dollar will get help from the stronger American economy.
A senior HSBC currency trader was arrested in New York last month over allegations of defrauding clients, a move which the bank acknowledged had sparked some queries from customers.
"The euro zone is disintegrating and this has started to feed into institutional capital flight out of the euro zone," said Jens Nordvig, a senior bond and currency specialist at Nomura in New York.
North Korea has executed a senior official blamed for currency reforms that damaged the already ailing economy and potentially affected the succession, a news agency in South Korea reported today.
Fortunately, the bank overseers in this country — the Federal Reserve, the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and senior officials at the Treasury Department — proved to be more serious in their commitment to regulation.
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