“Central banks flush with record reserves are increasingly snubbing dollars in favor of euros and yen, further pressuring the greenback...” | “Global central banks are getting more serious about diversification, whereas in the past they used to just talk about it,” said Steven Englander, a former Federal Reserve researcher who is now the chief U.S. currency strategist at Barclays in New York. “It looks like they are really backing away from the dollar.”
- Anthony Citrano
from Bookmarklet
so what is the trajectory?. How far do we fall?
- Karma Martell
@Karma: well, I know you can't go below zero...
- Anthony Citrano