It can happen if you've installed new programs recently and they associated .psd with it. If you didn't install anything, I'm not too sure. Anyway, If all of your .psd's start opening with something aside from PS, change which extensions belong to what program:
Open 'My computer' -> 'Tools' -> 'Folder Options' -> 'File types' -> scroll to the extension to change and set the right application.
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