Archive for May 4th, 2008

Currency Markets in the News

Firmer Dollar Tone

May 4, 2008

The dollar strengthened further last week. Larger gains were posted against the Swiss franc and euro than against the yen or sterling, and the greenback actually dipped marginally against the kiwi and Australian dollar. Compared to its 2008 lows, the dollar at the close last Friday had rallied 10.1% against yen and 9.7% against the […] More