Archive for January 13th, 2014

New Overnight Developments Abroad - Daily Update

Dollar Weaker against Kiwi, Australian Dollar and Yen

January 13, 2014

In an otherwise quiet Monday, the main development has been the strength of the yen and some other Pacific Rim currencies. With Japan’s market shut in observance of Coming of Age Day, the yen strengthened 0.6% against the dollar. The New Zealand and Australian dollars, both sensitive to commodity trends, also advanced 0.6% against their […] More