The End of the Dollar Asset Bubble

Expert: Joseph Trevisani, Chief Market Analyst at FX Solutions
Moderator: Maud Gilson

Summary:
From last September until March the dominant currency trade was a direct kin to the panic in the financial markets. When in doubt purchase dollar denominated assets. A huge bubble of Treasury assets were bought with foreign and domestic money. As the crisis rolled on, even though it had started in the US, involved many of the most prominent United States financial institutions, and called forth an unprecedented amount of government intervention and a deluge of dollar liquidity, nothing dented the dollar's ascendancy. Compared with the potential for the rest of the world the United States was the safest holder of wealth. How long will it take to unwind this asset bubble and what are the consequences for the dollar?

Webinar presented by FX Solutions and FXstreet.com