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  • Friday FX View: All Around Dollar Selling  [View article]
    Although the above article deals with the more critical issues about the long term future of the dollar, which is more interesting, I think the simple factor that will influence its direction in the shorter term is the decline in risk aversion as the perception grows that it is time to be more adventurous with riskier assets again.
    But at the first sign of any major new financial risks on the horizon the yen and the dollar will continue to have "safe haven appeal"
    Apr 26 05:20 am |Rating: +1 0 |Link to Comment
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