Archive for December 23rd, 2011

New Overnight Developments Abroad - Daily Update

Continuing Concerns over Europe at the Christmas Break

December 23, 2011

A narrowly mixed dollar has risen 0.3% against the Swiss franc, 0.2% versus sterling and 0.1% against the euro but fallen 0.2% against the Australia dollar and 0.1% relative to the loonie.  The kiwi is steady.  Markets continue to fear announced European credit rating downgrades.  S&P has still not dropped the French shoe. Stocks are […] More