New Overnight Developments Abroad - Daily Update
Dollar and Oil Price Down but Stock Markets Mostly Up
April 28, 2020
The dollar fell broadly overnight, with the biggest declines coming against the Mexican peso (1.5%), Norwegian krone (1.4%), and Swedish krona (1.2%). (The Swedish Riksbank released a dovish statement, but the Executive Board did not cut the zero percent repo rate as some had been expecting). The dollar also dropped by 0.6% relative to the […] More