Archive for August 5th, 2020

New Overnight Developments Abroad - Daily Update

Price of Oil Jumps and Dollar Falters

August 5, 2020

Overnight declines in the dollar amount to 1.0% against the Mexican peso, 0.9% versus the Australian dollar, 0.6% relative to the euro, Swiss franc and loonie, 0.5% vis-a-vis the kiwi, yuan and sterling and 0.2% against the yen. The price of WTI oil leaped 3.2%, partly in response to an enormous explosion at the port […] More

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