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  • Three Possible Explanations for the Dollar's Strength [View article]
    The Yen is strengthening for the same reason as the dollar. Foreign investors were taking out loans in Yen and Japanese investors were almost completely invested abroad... now all that money is rushing back to Japan.

    carey_jim I don't believe that speculators are causing this dramatic rise in the dollar. This is REAL money moving into dollars for systemic reasons. The majority of speculators have lost money on this dollar surge. The only contribution they may have had was covering their dollar shorts. The move came too fast for many speculators to shift from being extreme dollar bears.
    Oct 23 13:11 pm |Rating: +2 0
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