New Developments Abroad
May 14, 2008
The dollar registered broad gains overnight except against the C-dollar. It rose 0.9% against the Aussie dollar after a soft Australian labor cost report and gained 0.5% against the kiwi and Swissy. It also rose 0.4% relative to the yen and by 0.3% against sterling and the euro. Bond yields are sharply higher. 10-year JGB yields [...]
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