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But renewed dollar purchases on the mammoth scale of early this year seem unlikely.
Any renewed dollar strength will only make it more difficult for China to pursue additional appreciation, particularly since China's leaders are themselves concerned about the impact of a domestic slowdown, the potential for a housing-related hit to growth, and the lagging recovery in its chief export markets.The situation is an uncomfortable one, to say the least.
And we think a renewed dollar down move will begin to negatively affect U.S. equity markets as well.
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Dollars renewed Dollars eligible to renew.
(Dollars renewed + dollars expanded) Dollars eligible to renew.
Along with "Tabatha," Bravo has renewed "Flipping Out," "Million Dollar Decorators," "Top Chef Masters," "Million Dollar Listing Los Angeles," "Chef Roblé & Co.," "Pregnant in Heels" and "Inside the Actors Studio".
But the retailer trimmed its profit outlook for the fiscal year as it faced a troubled global economy and the renewed strength of the dollar.
Renewed weakness in the dollar may improve the drag from net exports in the third quarter, but for now the pressure on Congress to adopt trade protecting measures is sure to increase.
Stock markets slumped and the euro hit a fresh 11-month low against the dollar amid renewed fears that Europe will be forced to rescue Italy and Spain from a lending boycott by international investors.
But with the rising dollar and renewed fears of a slowdown in China hitting commodities - copper is at a four week low and iron ore continues to be under pressure - mining shares are once more among the fallers.
Gains in equities and a renewed slide in the dollar to record lows against the euro provided another excuse to cut prices in an otherwise featureless session, the first of only two full trading days this week.
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CEO of Professional Science Editing for Scientists @ prosciediting.com