Talk of repatriation started in mid-July, particularly in Asia,.. Asian equities have performed poorly in recent days and therefore money is leaving Asia and returning to the U.S. Investors are looking to take profits to cover the losses elsewhere.
Sean Callow
The sharp rally in the dollar is entirely justified by the unexpectedly good news for the U.S. Current account financing equation. It certainly provides a considerable degree of comfort.
comfort good news
Australia's dollar is obviously growth sensitive and the market won't muck around in pricing it down when commodity prices fall.
growth fall market sensitive
We are not talking about a collapse next year or a recession, but we are predicting a pretty significant fall in prices.
fall talking pretty recession
Disaster had been priced into the peso, but they dodged the bullet. It's been a pretty remarkable turnaround. Arroyo deserves some of the credit.
disaster pretty credit
There is.. No sign yet that the ECB is even contemplating unilateral intervention on the euro
sign
We're having a euro recovery at the moment. But it's all momentum and technical trading
moment recovery
money days leaving talk asian asia
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