The US dollar, seen as a safe haven by investors, is now at a 3-1/2 month high to a basket of currencies after having slumped 12.6 percent since hitting a peak in early March when aversion to riskier assets was at a high.
"There has been a pretty good uptick (in the fund's volume) lately," said Tom Lydon, President of Global Investment Trends in Newport Beach, California. "There are many thinking that the dollar may have hit a low."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment