New Overnight Developments Abroad - Daily Update
Dollar Fell Thursday Even as Investors Remained on Edge
May 26, 2011
On Thursday, the dollar lost 1.4% against the kiwi, 1.8% versus the Swissy, 0.8% against the yen and Aussie dollar, 0.7% relative to sterling, and 0.3% against the euro. President Obama reportedly expressed concern about the risk of a weaker euro hurting U.S. exports. Although Japan’s Nikkei advanced 1.5%, the German Dax lost 0.8%, and […] More