Archive for February 2nd, 2022

New Overnight Developments Abroad - Daily Update

Weaker Dollar but Stronger Equity Prices

February 2, 2022

The dollar fell overnight by 0.5% against the euro and its weighted DXY index, 0.4% versus the yen, and 0.3% relative to the Swiss franc, Australian dollar and sterling. Compared to its late January high, the DXY index is now 1.6% weaker. Share prices got an additional boost from several strong earnings reports and Alphabet’s […] More