Archive for October 12th, 2009
Pound, Dollar are ‘Sick’ Currencies – 704th 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 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. However, this market [...]
