The strange spectacle of the US dollar rising while the US and world economies falter ...just keeps comin'."The dollar seems to be the only safe haven left right now, with both the yen and Swiss franc under pressure," said Robert Blake, senior currency strategist at State Street in Boston.A former safe haven may have taken in some 3,000 Argentine investors. Bernie Madoff's ponzi may lead to the creation of an international financial court.
"We're certainly in risk aversion mode and the trade right now is to buy dollars, which to a large extent reflects huge repatriation flows to the United States."
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