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.
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Better title would be “Asian countries dumping US dollar.”
Agreed , title is rly convolutef
Assuming it should be sour, which works fine. Big difference between soar and sour in this context
‘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.
Ripples from Friday and Monday’s record rally in the Taiwan dollar are now spreading outward, driving surges for currencies in Singapore, South Korea, Malaysia, China and Hong Kong.
