New Overnight Developments Abroad - Daily Update
Dollar Falters Further and Price of Gold Blows Past its Historic High
July 27, 2020
The dollar weakened to a 22-month trade-weighted low overnight, with losses of 1.0% against the Swiss franc, 0.7% relative to sterling and the euro, 0.8% versus the peso, 0.6% vis-a-vis the yen, kiwi and Australian dollar, and 0.3% against the loonie. The Covid pandemic intensified over the weekend both globally and in the United States, […] More
