German IFO Business climate index

New Lows for Yen & Sterling and Highs for Euro

January 25, 2013

Currencies hit new 2013 extremes overnight.  The yen fell as low as 91.03 per dollar and 122.315 per euro.  The euro touched a high of $1.3465, while sterling slipped as low as $1.5746. On balance since the Thursday close, the dollar rose 0.6% against the yen, 0.2% versus the loonie, and 0.1% relative to the […] More

Dollar’s Turn to Decline

July 25, 2012

Wednesday trading has seen a slight correction.  The dollar has fallen 0.7% against the euro, which is back above $1.2100.  The dollar also fell by 0.7% relative to the Swiss franc and is off 0.5% versus the Australian dollar, 0.4% against the loonie, and 0.3% vis-a-vis the kiwi.  The dollar is 0.1% higher against the […] More