The Week of December 28 – January 1st
December 28, 2009
The market’s main inspiration a week ago was that the inverse relationship between the dollar and equities had broken down, as each were doing well. Since the close on December 21st a week ago, the dollar on balance depreciated 1.8% against the Canadian dollar, 1.1% against the Swiss franc, 0.8% against the euro, 0.7%, and [...]
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