“The sharp rally in the dollar is entirely justified by the unexpectedly good news for the U.S. current account financing equation. It certainly provides a considerable degree of comfort.”
“Talk of repatriation started in mid-July, particularly in Asia, ... Asian equities have performed poorly in recent days and therefore money is leaving Asia and returning to the U.S. Investors are looking to take profits to cover the losses elsewhere.”
“Talk of repatriation started in mid-July, particularly in Asia. Asian equities have performed poorly in recent days and therefore money is leaving Asia and returning to the U.S. Investors are looking to take profits to cover the losses elsewhere.”
