Dollar and Yen Sharply Higher
December 17, 2009
The dollar shows similar advances of 1.3% against the Australian dollar, 1.2% against sterling, the kiwi, and euro, and 1.0% relative to the Swiss franc and Canadian dollar. The greenback is only 0.1% firmer against the yen, however. Lots of short dollar positions getting stopped out. FOMC statement seen as mostly dollar-supportive. Senate Banking Committee [...]
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