New Developments Abroad: Sharp Declines in French and Italian Industrial Output

July 10, 2008

The dollar rose 0.5% against the yen, 0.4% against the Swiss franc and sterling, and 0.2% against the euro and Canadian dollar.  But the buck is off 0.3% relative to the Australian dollar.  Australian jobs expanded 29.8K in June, three times forecast, and the jobless rates dipped to 4.2% from 4.3%.  An IMF report on [...]

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