Deeper Analysis
Dollar Highs and Lows in 2010, 2009, and 2008
January 4, 2011
Over the first nine years of the euro’s existence (1999-2007), the U.S. dollar had a mean value of 1.1199 per euro, 1.6899 per pound sterling, 0.6701 per Australian dollar, 115.16 Japanese yen, 1.4139 Swiss francs, and 1.3570 Canadian dollars. Note that the euro, sterling and Aussie dollar are conventionally quoted in direct terms, that is […] More
New Overnight Developments Abroad - Daily Update
Investors Enter 2011 With Fresh Optimism
January 4, 2011
Japan, Australia, and Britain reopened after New Year holidays, bringing markets close to normal volume. The data calendar is light today, however. New Zealand was a rare market to remain closed today. Following a solid initial U.S. session in equities, stocks in Asia advanced 2.0% in China, 2.2% in Pakistan, 1.7% in Japan, 1.2% in […] More