Archive for August 1st, 2008

New Overnight Developments Abroad - Daily Update

New Developments Abroad: European Data Worse Than Forecast

August 1, 2008

Ahead of monthly U.S. labor market figures, the dollar rose overnight by 0.8% against the Australian dollar and 0.7% relative to the kiwi.  It is 0.3% higher against sterling and up by 0.2% against the euro and C-dollar.  It firmed 0.1% against the Swissy but fell 0.3% against the yen. The Japanese Nikkei slumped 282 […] More