Niels Christensen Quotes
Forces driving the dollar are still the same, concerns about the current account deficit. A rise in sterling, triggered by strong UK data, is also contributing to dollar weakness.
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Forces | Driving | Dollar | Concerns | Current |
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Higher interest rates make it much more comfortable for Japanese investors to be holding dollars. The chances of rate increases in the U.S. continue to rise while in Japan the prospects are much less certain.
- Niels Christensen
