The funds were sent via swap lines for foreign central banks. (financialtrading.com)
I see a continued crowded trade here, and I am waiting to see where the pain points are, such that foreign central banks begin to intervene to prop up the dollar. (alephblog.com)
This downward trend has been exacerbated by foreign central bank bond buying and a dearth of new supply. (blackrockblog.com)