Posted by : Shekhar™ Monday, 23 May 2011

Currency Thoughts


Dollar Rises as Stocks Swoon to One-Month Low

Posted: 23 May 2011 04:26 AM PDT

The risk trade is off, boosting the dollar by 1.1% against the euro, 1.3% relative to the Australian dollar, 0.8% versus the kiwi, 0.6% against the Swiss franc, 0.5% versus sterling, 0.4% against the Canadian dollar, and 0.2% relative to the yen and yuan. The Swiss franc set a new record high of 1.2323 per [...]

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