Despite the global economic setbacks, the dollar has been doing remarkably well.
A recent study concerning the dollar and its strong growth discovered that, opposite to what the financial theory would predict, foreign investors are still keen for American assets, despite the fact that they are strongly correlated to their disappointing domestic ones.
Another important factor is that foreign investors are still attracted to invest in America because of its size, liquidity, efficiency and transparency.
For now the dollar might look safe as a reserve currency, it’s still vulnerable to the euro.
Benjamin Wauman
Bron: http://www.economist.com/finance/displaystory.cfm?story_id=12341545
1 opmerking:
Great title, fine coherence!
HAS discovered (or better: revealed)
opposite to --> in contrast with
keen ON
their disappointing domestic ones: not 100% clear what 'their' and 'ones' refer to
attracted to -ing
its size...: you mean 'America's'?
add but to the final stc: but it's still...
vulnerable to the euro: not clear what you mean
Een reactie posten