Foreigners always sell USD assets during a crisis!
It has nothing to do with a "lack of trust" in the US Economy but rather that those foreigners NEED the USD liquidity.
Expect big purchases of USD assets in to the global rebound!
— AndreasStenoLarsen (@AndreasSteno) August 9, 2020
I’m gonna add this chart to “the most bullish charts” list
— Alessio Urban (@AlessioUrban) August 9, 2020