The dollar fell overnight by 1.2% against the Swiss franc, 0.9% versus the euro, 0.7% against the kiwi, 0.5% relative to the Aussie dollar, 0.2% against both the yen and sterling and 0.1% versus the Canadian dollar. Annual summer summits of the leaders of the major advanced economies used to be a huge event but [...]

On Thursday, the dollar lost 1.4% against the kiwi, 1.8% versus the Swissy, 0.8% against the yen and Aussie dollar, 0.7% relative to sterling, and 0.3% against the euro.  President Obama reportedly expressed concern about the risk of a weaker euro hurting U.S. exports. Although Japan's Nikkei advanced 1.5%, the German Dax lost 0.8%, and [...]