New Overnight Developments Abroad - Daily Update
Dollar Softens Further
August 22, 2018
The dollar lost some further modest ground against major currencies like the euro (0.3%), Swiss franc and Canadian dollar (0.2%), and New Zealand dollar (0.1%). The dollar edged up 0.1% against the Aussie dollar and sterling, by contrast. U.S. stocks remained buoyant yesterday on strong corporate earnings prospects, but investor misgivings about Trump’s legal uncertainties […] More