German Chancellor Merkel

Upbeat Investor Mood as Britain Reports Resilient Retail Sales

February 17, 2012

Risk appetite has been evident. The dollar overnight eased 0.6% against the kiwi, 0.2% versus sterling, and 0.1% relative to the Australian and Canadian dollars.  EUR/USD is steady.  So is the Chinese yuan.  The yen lost 0.3% against the greenback, which edged above JPY 79.0. Share prices in the Pacific Rim jumped 2.4% in The […] More