Axel Merk
Axel Merk
acquire assets billion buying dollar foreigners purchases soon
Every day, foreigners need to acquire more than $2 billion in U.S. dollar denominated assets -- soon $3 billion -- just to keep the dollar from falling. This can be done through the purchases of U.S. bonds, or by buying assets outright.
dollar relief structural
Overall, I don't see much structural change, and don't see how the dollar can get much relief from these numbers.
dollar rally recent weeks
The dollar rally of recent weeks may have stalled today.