Weaker Yen and Dollar
April 20, 2010
The dollar gained 0.8% against the yen overnight but otherwise has fallen 1.2% against the Australian dollar, 0.8% versus sterling, 0.7% against the Canadian dollar, 0.5% relative to the kiwi, and by 0.3% against the Swissie and euro. Investors have been reassured by good earnings reports. Chinese stocks buckled another 3.1% in the face of [...]
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