More Signs of a Chinese Cool-Down

July 5, 2010

The U.S. market will be closed in observance of America’s 234th birthday. Currency movements have been mild in the absence of U.S. leadership.  The dollar gained 0.4% overnight against sterling, 0.2% relative to the euro, Canadian dollar and Aussie dollar and 0.1% against the Chinese yuan.  The dollar also slid 0.1% against the yen, Swissy, [...]

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