Greek Bailout Hasn’t Ended Fear of Contagion

May 3, 2010

The dollar rose overnight by 0.7% against the Swiss franc, 0.6% relative to the euro, 0.3% against sterling and 0.1% versus the yen. Commodity-sensitive currencies are stronger.  The kiwi is up 0.3% against the U.S. dollar, while the Canadian and Australian dollars firmed 0.2%. Markets were closed in Japan for Constitution Day, China for Labor [...]

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