Archive for December 31st, 2008

New Overnight Developments Abroad - Daily Update

New Overnight Developments Abroad: A Firmer Pound

December 31, 2008

Aside from a 0.9% drop against sterling, the dollar is narrowly mixed. 2009 is ending with the dollar straddling 90 yen and 1.40 per euro and with sterling not far above parity against the euro. Gold is up on the year, albeit slightly. Most everything else fell in 2008 including a 60.6% drop in oil. […] More