Asia's Currencies Rally, Casting Doubts Over Dollar Haven Status.

"Bearing in mind that the market is currently holding long dollar positions, speculation of lower Fed interest rates has the capacity to take some steam out of its current buoyant tone", said Jane Foley, a senior foreign-currency strategist at Rabobank. In the long run, the dollar's haven status is intact, "given its function as a transaction currency, liquidity and positive yield", Foley said. [Extracted from the article]