Surprisingly Strong European PMI-Manufacturing Readings
April 1, 2010
On this first day of the new quarter, which happens to also be Mourning Thursday and the day before the U.S. March jobs report, the dollar has eased 0.4% against sterling and the Canadian dollar but risen 0.7% relative to the kiwi. The IMF called New Zealand’s currency 10-25% overvalued. Other U.S. dollar movements are [...]
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