Archive for October 11th, 2009
Pound, Dollar are ‘Sick’ Currencies – 685th Edition
A theme in forex markets (as well as on the Forex Blog) is that as the Dollar has declined, virtually every other asset/currency has westernunion florida risen. The rationale for this phenomenon is that the global economic recovery is boosting risk appetite, such that investors are now comfortable looking outside the US for yield. [...]
