Larry's Blog
Dollar Weakness After Presidential Elections
November 11, 2009
An element of the dollar’s depreciation in 2009 to bear in mind is that we are in a post-presidential election year. The dollar has taken some pretty big tumbles in such years before. It fell 31.5% from 3.22 marks at the time of the 1972 reelection of Richard Nixon to 2.20 by early July 1973. […] More
New Overnight Developments Abroad - Daily Update
New Overnight Developments Abroad: Chinese Industrial Output, Retail Sales, and Import Growth Accelerate
November 11, 2009
The dollar has lost 0.4% against the Canadian dollar, 0.3% versus the euro and Swiss franc, and 0.1% relative to the Aussie dollar. On the other hand, the greenback shows gains of 0.4% against sterling, 0.3% against the kiwi, and 0.2% versus the yen. Stocks have performed well, rising 2.5% in India, 1.7% in the […] More
