Archive for January 4th, 2011

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