Archive for May 19th, 2009


Tuesday's Developments

May 19, 2009

The dollar is weaker, depressed by weaker-than-forecast U.S. housing starts and permits and by a further drop in general risk aversion. From late Monday, the U.S. currency is down 1.1% against the pound, 1.0% versus the Australian dollar, 0.4% against the euro and Canadian dollar, 0.2% relative to the yen and 0.1% against the Swiss […] More