Archive for December 31st, 2010

New Overnight Developments Abroad - Daily Update

Closing the Books on Another Year

December 31, 2010

The dollar is modestly lower in thin yearend trading, with overnight losses of 0.7% against the kiwi, 0.6% relative to the euro, 0.4% against sterling, 0.2% against the yen, yuan and Canadian dollar, and 0.1% versus the Australian dollar.  Emerging market currencies by and large rose against the dollar on this final day of the […] More