Strong Euroland and Japanese Industrial Production Weakens Dollar

March 12, 2010

The dollar has lost 0.8% against the Swiss franc, 0.7% relative to the euro, 0.6% against the pound, 0.4% versus the Australian and New Zealand dollars, 0.2% against the Canadian dollar and even 0.1% against the yen. Speculation that the Bank of Japan is poised to increase special liquidity support introduced three months ago sent [...]

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