New Overnight Developments Abroad - Daily Update
Interest Rate Concerns Drive Dollar Up and Equities Lower
January 16, 2024
Driven by hawkish central banker comments at the World Economic Forum in Davos, the dollar touched one-month highs overnight of 1.0873 per euro, 146.79 yen, 0.6595 per Aussie dollar, and 103.81 in the weighted DXY dollar index. Percentage appreciations from Monday closing levels amounted to 1.0% against the Mexican peso, 0.9% versus the Australian dollar, […] More
