NEW YORK, Jan 31 The dollar gave up gains made earlier today after data showed US labour costs increased less than expected in the fourth quarter, and before the Federal.
The Australian Dollar fell in the wake of disappointing economic data out of China while the Japanese Yen rose despite a soft second-quarter GDP result.
It appears that towards the very end of last quarter we hit a major inflection point in the trend of higher dollar and rates and lower stocks, and anything perceived as risky.
It appears that towards the very end of last quarter we hit a major inflection point in the trend of higher dollar and rates and lower stocks, and anything perceived as risky.