Archive for August 31st, 2012

New Overnight Developments Abroad - Daily Update

Dollar Down ahead of Bernanke’s Jackson Hole Speech

August 31, 2012

The dollar has declined by 0.8% against the euro, which hit an 8-week high of $1.2629.  The dollar also has fallen 0.8% against the Swiss franc, as well as 0.6% versus the loonie, 0.5% relative to sterling, 0.4% against the Aussie and New Zealand dollars, and even 0.3% against the yen. Investors hope to hear […] More