Archive for May 8th, 2012

New Overnight Developments Abroad - Daily Update

Continuing Investor Worries over European Political Shifts

May 8, 2012

Movement overnight in the dollar and yen reflect European-Inspired risk aversion.  Japan’s currency is 0.2% stronger against the dollar, which otherwise has climbed 0.5% against the Australian and New Zealand dollars, 0.4% versus the loonie, 0.2% relative to the euro and sterling and 0.1% against the Swiss franc.  The yuan is unchanged and slightly above […] More