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Joshua Krause – China and Japan Just Dumped Billions of Dollars

Over the past few years the dollar has staged an impressive comeback. Not because there’s anything fundamentally good about this currency’s future prospects, but because for the interim, most of the economies in world aren’t doing so hot. For a lot of investors, it is the lesser of many evils in the short term, so they view the dollar as a temporary safe haven.

However, recent signs suggest that the dollar’s rally may be coming to an end. Among them, is the fact that China and Japan, the world’s two largest holders of U.S. Treasury Debt, have just dumped a ton of dollars.

 

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