Markets in an Edgy Mood
February 12, 2010
The U.S. dollar rallied 1.4% against the Australian dollar, 1.1% against the Swiss franc, 1.0% against the euro, 0.8% against the kiwi, 0.7% versus sterling, 0.6% relative to the Canadian dollar and even 0.2% against the yen, which also tends to be bid when risk aversion spikes. Stocks are comparatively resilient, advancing 1.0% in China, [...]
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