Archive for May 26th, 2011

New Overnight Developments Abroad - Daily Update

Dollar Fell Thursday Even as Investors Remained on Edge

May 26, 2011

On Thursday, the dollar lost 1.4% against the kiwi, 1.8% versus the Swissy, 0.8% against the yen and Aussie dollar, 0.7% relative to sterling, and 0.3% against the euro.  President Obama reportedly expressed concern about the risk of a weaker euro hurting U.S. exports. Although Japan’s Nikkei advanced 1.5%, the German Dax lost 0.8%, and […] More