New Developments Abroad: Dollar Back in Forward Gear

August 20, 2008

After a brief correction Tuesday, the dollar has risen 0.7% against the Swiss franc, 0.6% versus sterling, 0.5% relative to the euro and 0.3% against the yen, Canadian dollar, Australian dollar and kiwi.  One exception to this advance has been the yuan.  China’s currency recorded its best gain in 3 weeks after U.S. Treasury Secretary [...]

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