Category: Currency Currents
- Published: 14 May 2009
- Written by Editor
Poking at a little thing called demand, again.
Let me quick say that stocks and the US dollar have turned this week. Sure, I may have been a few days early in expecting the move; but in watching the reaction to the news so far this week, risk-appetite has a few extra days (at least) to go hungry. As it pangs, we’ll find out whether a resumption of investor confidence and growing risk-appetite is in order ... or whether potential renewed economic and/or financial concern surfaces to significantly pressure risk-bound investments.