Dollar higher on reported APEC buying

Didn’t your mother ever tell you that sarcasm would get you nowhere in life Mr. Treasury Secretary:

Reuters (12 Nov 09): U.S. Treasury Secretary Timothy Geithner said on Thursday a strong dollar was important for global stability and Asia was leading the global economic recovery. "We are seeing Asia lead the world back to recovery," he told a news conference at the end of the Asia Pacific Economic Cooperation forum ministerial meeting. A strong dollar was important for the United States, which also recognizes the important role the currency plays in global economic stability, he said.