New Overnight Developments Abroad - Daily Update
Dollar Slips to 27-Month Low, While Gold and Stocks Strengthen
August 18, 2020
The dollar dropped overnight by 0.5% against the peso and sterling, 0.4% relative to the yen, 0.3% vis-a-vis the loonie, 0.2% versus the Australian dollar and 0.1% against the Swiss franc and yuan. The U.S. currency in trade-weighted terms touched more than a 2-year low. Recent selling pressure on the dollar has been driven by […] More
