Seeking Alpha

Toeser » Comments » DDY

  • Watching the USD Drop? Here's What You Should Really Be Watching [View article]
    The writer is correct on some counts, but he ignores simple supply and demand. Tons of dollars are held worldwide, and only a portion of them needs to be sold at any one time to lower the dollar exchange rate. There is a very small amount of Yen that is held by foreigners, thus the Yen far less likely to drop from foreign sales.
    Nov 09 08:11 am |Rating: +14 -1 |Link to Comment
More on DDY by Toeser
Toeser's
Comments Stats
57 comments
Rating: 115 (150 - 35 )