Greenback Gains Overnight as Poor News Inundated Other Economies, Loonie Boosted by BOC Decision
Wednesday, September 3rd, 2008
GDP data from Australia pressured the Aussie, while the Euro and Pound fell overnight to the Dollar before recovering prior to the NY open. With US stocks down in afternoon trading, the Yen and Swiss Franc were boosted due to an increase in risk aversion.
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