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New Overnight Developments Abroad - Daily Update

Waiting for Results of FOMC and Ecofin Meetings

March 16, 2010

The dollar is down 0.3% against the kiwi and sterling, 0.2% against the Canadian and Swiss currencies, and off 0.1% against the euro and Aussie dollar.  It firmed 0.1% against the yen,  EU Finance ministers (Ecofin) have reportedly agreed in principle on some technical details for pooling funds that will be given directly to Greece [...] More

Sterling Weakens on Debt Warning

March 15, 2010

A warning from the Moody’s rating agency that Britain and the United States are closer to losing their AAA ratings hit the pound but not the dollar.  Sterling fell 1.0% against the greenback, which otherwise firmed 0.3% against the euro and 0.2% against the yen, Swiss franc and Australian dollar.  The Canadian and New Zealand [...] More

Strong Euroland and Japanese Industrial Production Weakens Dollar

March 12, 2010

The dollar has lost 0.8% against the Swiss franc, 0.7% relative to the euro, 0.6% against the pound, 0.4% versus the Australian and New Zealand dollars, 0.2% against the Canadian dollar and even 0.1% against the yen. Speculation that the Bank of Japan is poised to increase special liquidity support introduced three months ago sent the [...] More

All Quiet on the Currency Front

March 11, 2010

The dollar shows no overnight change against the yen, euro and Swiss franc.  It’s up 0.1% against the Canadian and New Zealand dollars but off 0.4% against sterling and 0.1% relative to the Australian dollar. Aside from a 1.0% rise of the Japanese Nikkei, there’s been scant movement in stocks as well, limited to +0.7% in [...] More

Busy Data Calendar Except From the United States

March 10, 2010

The dollar is mixed, with very little change against the euro, Swissy and Canadian dollar, rises of 0.5% against the yen and 0.4% relative to sterling and declines of 0.6% and 0.3% against the New Zealand and Australian dollars. Stocks closed unchanged in Japan, Hong Kong and Australia.  Equity gains were recorded of 0.8% in Malaysia [...] More

Stronger Yen and Weaker Pound

March 9, 2010

The dollar fell 0.6% against the yen and below the 90/$ level.  Otherwise, the dollar advanced 0.8% against sterling, 0.5% relative to the euro and kiwi, 0.4% against the Swiss franc, and 0.3% versus the Canadian and Australian currencies. Stocks were mixed in Asia but have retreated more uniformly in Europe.  Equities gained 1.2% in Indonesia, [...] More

Lessening Risk Aversion Amid Receding Concern About Greek Debt Crisis

March 8, 2010

The dollar retreated 0.6% against the kiwi, 0.4% against the Australian dollar, 0.2% relative to the Canadian and Swiss currencies, and 0.1% versus the euro, but the greenback moved 0.2% higher against the yen and firmed 0.1% against sterling. In the Pacific Rim, stocks advanced 2.1% in Japan, 2.0% in Hong Kong, 1.9% in Indonesia and [...] More

Confined Dollar Movement Ahead of U.S. Jobs Report

March 5, 2010

The dollar is narrowly mixed with gains of 0.3% against the yen, no change versus sterling and the Swiss franc, and declines of 0.5% relative to the kiwi, 0.3% against the Australian dollar and 0.1% versus the euro and Canadian dollar. Stocks rose 1.4% in India, 0.7% in China and Australia, 0.5% in New Zealand and [...] More

Most Key Dollar Pairs Steady Awaiting Bank of England and ECB

March 4, 2010

The dollar has risen 0.2% against the Swiss and 0.1% versus sterling and the euro, but the greenback is down 0.2% against the Canadian dollar and 0.1% versus the yen.  Bigger dollar moves have been made against the kiwi (+0.6%) and Aussie dollar (+0.3%). Pacific Rim stocks fell mostly with drops of 2.5% in China, 1.4% [...] More

New Greek Austerity Measures Lift European Currencies

March 3, 2010

The dollar and yen slid 0.6% against sterling, 0.4% against the euro and Swissy, and 0.3% against the Canadian dollar.  The greenback is unchanged against the Aussie dollar but 0.6% higher against the kiwi. Stocks rose 1.4% in India, 0.7% in China and Australia, 0.5% in South Korea, 0.4% in Singapore and Taiwan, and 0.3% in [...] More