US Dollar Declines But Stays in a Tight Range
Posted on May 11, 2011 at 11:40 AM EDT
The dollar slipped a bit against most of the major currencies yesterday, but moved back up overnight and most currencies are right where they were when I hit the send button yesterday. Both the Japanese yen (JPY) and Swiss franc (CHF) traded lower yesterday as gains in the equity markets and commodities gave investors a [...] US Dollar Declines But Stays in a Tight Range originally appeared in the Daily Reckoning . The Daily Reckoning provides over half a million subscribers with literary economic perspective, global market analysis, and contrarian investment ideas. Bill Bonner, the founder of the the Daily Reckoning released his latest book Dice Have No Memory: Big Bets & Bad Economics From Paris to the Pampas in April 2011.