Looking for the Dollar's Rebound
The more the storm clouds gather over the world economy, the stronger the sun shines on the dollar. As the carry trade collapses and investors rush to the save haven of the US dollar, the misery that dollar-holders have suffered over the past several years looks like it will end: Hong Kong professionals (at least, those that keep their jobs) will see some increase in their buyer power, eroded by years of dollar weakness.
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