Firm Start For The Greenback


Source: seekingalpha.com seekingalpha.com

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AKG-Photography Overview The US dollar begins the new year on a firm note. It is recovering against nearly all the G10 and emerging market currencies today after depreciating in the holiday-thin markets over the past couple of weeks. Japanese markets are on holiday until Thursday. The yen and Swiss franc are the poorest performers among the G10 currencies. Among emerging market currencies, the Mexican peso, Hungarian forint, and South African rand are bucking the trend to post minor gains against the greenback. The Chinese yuan is off by about 0.5% for its biggest loss in at least six months. Equities...