News Sources wrote an interesting post today on
Here’s a quick excerpt
I’ve said it before: the dollar’s chances of long-term success going forward are slim and none… and slim just left town. Consider the Treasury International Capital (TIC) flow data. TIC measures foreign investment in the United States. This is important because we rely on foreign investors and sovereign governments to continue funding our deficit spending. But the most recent numbers show a major decrease — $23.2 billion in March, versus an outflow of $91.1 billion the previous month. That w

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This entry was posted on Wednesday, May 20th, 2009 at 2:58 pm and is filed under Forex News.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.