Archive for August 8th, 2022

New Overnight Developments Abroad - Daily Update

Dollar Down as Investors React to Surprisingly Strong U.S. Jobs and Chinese Trade Data

August 8, 2022

All economic upswings end eventually, but better-than-forecast economic data releases on Friday and Saturday have persuaded investors that a downturn in the United States and world economies is not a clear and present danger. U.S. congressional movement closer to a broad bill to counter global warming has also buoyed optimism. The dollar, which has for […] More