New Overnight Developments Abroad: Gold Stronger While Dollar and Yen Softness Resumed
November 23, 2009
With Japanese markets closed for Labor Thanksgiving, the dollar and yen moved downward in tandem against commodity-sensitive currencies by 1.3% against the kiwi, 1.2% against the Canadian dollar, and 1.0% against the Aussie dollar. The greenback and yen also lost 0.8% against the euro and Swissy and 0.6% relative to sterling. Traders attributed renewed dollar [...]
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