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Nation's sovereign debt approaches junk status with Moody's downgrade on sluggish economic growth.
Waning interest in overseas stocks could bolster U.S. currency's gains.
As capital flees Russia and the ruble drops, the RMB continues to climb the ranks of most-traded currencies.
ECBs move suggests volatility will remain low, a situation that supports carry trades.
Foreign exchange traders 'smell blood' as some emerging-market governments burn through foreign reserves in an effort to prop up their currencies.
Currency selloff projected to continue as interest rates remain low; some fear it may spill over into currencies with stronger fundamentals, including the Mexican peso.