New Overnight Developments Abroad: Service PMI Readings Released
July 3, 2009
Commodity-sensitive currencies are higher. The U.S. dollar lost 0.5% against the kiwi and 0.3% against the Canadian and Australian currencies. The dollar otherwise rose 0.5% against sterling and 0.4% against the Swiss franc, which continues to be rattled by the threat of Swiss intervention. The dollar edged up less (0.1%) against the yen and euro. Stocks remain [...]
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