Weaker Euro, Pound and Swiss Franc
May 13, 2010
The dollar has advanced 0.4% against sterling, 0.3% versus the Swissy, and 0.2% against the euro, but it has softened against commodity-sensitive currencies like the Aussie dollar (0.6%), kiwi (0.5%) and Canadian dollar (0.6%). Concerns persist that the EU rescue package will not prove adequate and about the impact of coming austerity. Britain’s new Conservative-led [...]
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