Archive for April 28th, 2020

New Overnight Developments Abroad - Daily Update

Dollar and Oil Price Down but Stock Markets Mostly Up

April 28, 2020

The dollar fell broadly overnight, with the biggest declines coming against the Mexican peso (1.5%), Norwegian krone (1.4%), and Swedish krona (1.2%). (The Swedish Riksbank released a dovish statement, but the Executive Board did not cut the zero percent repo rate as some had been expecting). The dollar also dropped by 0.6% relative to the […] More

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