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View Full Version : Currency ‘Protectionism’ Boosts Dollar as Banks Lend at Home - Bloomberg



NewsWhore
03-01-2009, 09:50 PM
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Currency ‘Protectionism’ Boosts Dollar as Banks Lend at Home (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaX3R7PQ.2Ds8%26refer%3Dhome&cid=1309945428&ei=8DurSZLXAYTFmQechsnrAw&usg=AFQjCNHpODFpUc9GbLykBMUy7YtoCov5xA)
Bloomberg
By Liz Capo McCormick March 2 (Bloomberg) -- John Taylor says three decades of currency trading taught him financial turmoil prompts large banks to favor local lending, and that’s why he’s buying US dollars for the biggest foreign-exchange hedge fund. ...


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