New Overnight Developments Abroad: New Round of Risk Aversion
March 12, 2009
The yen and dollar are higher, while stocks and bond yields are mostly lower. The dollar lost 1.1% against the yen but is trading up 1.1% against the Australian dollar, 0.9% versus sterling, 0.4% against the euro, and 0.3% relative to the kiwi, Canadian dollar, and Swiss franc. The Nikkei fell 2.4%, and the Dax, [...]
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