New Overnight Developments Abroad - Daily Update
Confusion of More Divergent Economic Statistics
January 6, 2011
The dollar is generally firm, supported by yesterday’s ADP employment report, higher market interest rates, European economic divergence, and lingering euro area peripheral debt concerns. The dollar advanced 0.4% against the euro overnight and is also up 0.3% against the Swiss franc and 0.2% versus sterling and the Australian dollar. The dollar jumped 0.6% against […] More
