New Developments Abroad: Dollar Consolidates Friday's Gains

August 11, 2008

Following its best single day in years, the dollar is unchanged overnight against the euro, sterling and kiwi and off just 0.1% versus the Australian dollar, Swiss franc and Canadian dollar.  Biggest dollar changes is a 0.2% dip against the yen. While the Nikkei jumped 2.0%, stocks fell by 5.2% in China and 2.8% in Indonesia.  [...]

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