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Loan Modification

: Mortgage Lender Implode-o-Meter

Dollar's safe-haven status hangs in the balance

By Implode-Explode Heavy Industries

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``the greenback is also being undermined by fears that higher oil prices will lead to increased sovereign wealth fund dollar diversification activity," he says... John Hardy, FX strategist at Saxo Bank, says the dollar is also suffering because of the Fed's lack of credibility on inflation, given the risks of a continued rise in oil prices.''

Full post as published by Mortgage Lender Implode-o-Meter on March 01, 2011 (boomark / email).

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