The euro will once again be the master of its own future this week.

The dollar has come a long way in just a week's time. Through the second half of this past week, the dollar was starting to find its footing in what looks to be a tentative recovery.

For three weeks, EUR/USD steadily climbed while the other dollar-based majors struggled for meaningful direction.

The dollar is looking at a potentially, trend-defining period over the coming week.

The euro surged this past week -- fully recovering the substantial losses of the opening week of the year.

The dollar has put in for a remarkable advance over the first week of the 2011 trading year.

Price action can be misleading if you are simply looking for a reflection of a currency’s health via its relative level on the market.

The dollar ended this past week little changed on a trade-weighted basis.

The US dollar began a broad-based rebound in November, rising the most in six months after the Federal Reserve made the official its $600 billion expansion of asset purchases.

The euro has found some level of stability against the US dollar; but against the less fundamentally controversial franc and sterling, the currency’s true colors show through.