Archive for August 10th, 2023

New Overnight Developments Abroad - Daily Update

Dollar Slips and Equities Rise Ahead of Release of U.S. CPI Data

August 10, 2023

The dollar dropped overnight by 0.6% against the Aussie dollar, 0.5% versus the euro and Swiss franc, 0.4% relative to sterling and 0.1% vis-a-vis the Canadian dollar. One currency against which the dollar strengthened was the Russian ruble, which dropped 0.8%, touching the softest level (98.006/USD) since the onset of the war in Ukraine. U.S. […] More

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