Dollar Down in Pre-Open Trading
The dollar fell broadly overnight, dropping 0.9% against the Australian and New Zealand dollars, 0.7% versus sterling, 0.5% relative to the euro and in weighted terms, 0.4% vis-a-vis the Japanese yen and Canadian dollar and 0.2% against the Chinese yuan. Equity markets have strengthened amid favorable earnings reports and soothing remarks from President Biden touting […]
The dollar fell broadly overnight, dropping 0.9% against the Australian and New Zealand dollars, 0.7% versus sterling, 0.5% relative to the euro and in weighted terms, 0.4% vis-a-vis the Japanese yen and Canadian dollar and 0.2% against the Chinese yuan. Equity markets have strengthened amid favorable earnings reports and soothing remarks from President Biden touting […]
