Why the Dollar Rallied
September 22, 2011 at 09:31 AM EDT
There seems to be some confusion about yesterday’s rally in the dollar. Here is Kate Mackenzie and FT.com/Alphaville: As Sumner adds, the dollar rose along with short-term Treasury yields on the news. Stock markets are also reflecting a big risk-off sentiment. Of course, it’s debatable how much of this is due to the Twist launch [...]
