What to Expect From the Dollar in 2009 [View article]
"The dollar’s rally in the second half of 2008 has been largely driven by risk aversion, deleveraging and repatriation. "
Why do you say repatriation strengthens the dollar? It seems foreigners sending dollars back to the US by selling them to get their local currency back would weaken, not strengthen, the dollar.
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"The dollar’s rally in the second half of 2008 has been largely driven by risk aversion, deleveraging and repatriation. "
Dec 30 13:29 pm
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All Comments by retired aviator »What to Expect From the Dollar in 2009 [View article]
Why do you say repatriation strengthens the dollar? It seems foreigners sending dollars back to the US by selling them to get their local currency back would weaken, not strengthen, the dollar.