A wave of dollar selling in Asia is an ominous sign for the greenback as the world’s export powerhouse starts to question a decades-long trend of investing its big trade surpluses in U.S. assets.
A wave of dollar selling in Asia is an ominous sign for the greenback as the world’s export powerhouse starts to question a decades-long trend of investing its big trade surpluses in U.S. assets.
‘Soar’ is fine. It’s taking about the relative value of the currency vs the dollar. Not the attitude of the countries toward the dollar, where indeed ‘sour’ would be appropriate.