New Overnight Market Developments: Sharp Wednesday Market Moves Reversed Partly

July 9, 2009

The dollar recovered 0.4% against the yen but has fallen back 0.9% against sterling and the Aussie dollar, 1.1% against the kiwi, and 0.7% relative to the Swissy, euro and Canadian dollar. The Dax, Cac40, and Ftse are higher by 1.4%, 1.1%, and 0.8% in Europe.  The Nikkei lost another 1.4%, but stocks closed flat in [...]

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