SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SouthFloridaGuy who wrote (11586)9/22/2008 3:24:16 PM
From: Real Man  Read Replies (2) of 71412
 
There was no unwind, the current account is always the reverse
of the capital account. So, foreigners bot a bit less. Now
they can dump them and the current account will reverse. They
will get to share the mess, though. It has not happened,
as there is CB cooperation, and it may not happen. The driver
for the dollar bounce were short speculators and high libor.
Any time libor rates spike higher, the effect of rate cuts
is gone or reversed. Rates play crucial role, since derivative
markets are fully in charge of currencies.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News