The U.S. dollar may only look good because its fiat currency brethren look bad, but declining confidence in paper money has thrust gold toward a position it hasn’t enjoyed for a century or so— freedom from its seesaw relationship with the U.S. dollar.
Read more
The euro rose the most this week against the greenback in more than a year as an easing in concern over Europe’s debt crisis spurred traders to end bets the shared shared currency would decline.
Read more
The U.S. dollar rallied for a third straight session on Tuesday, boosted by more signs of economic weakness in the euro zone that could prompt its central bank to slash interest rates further.
Read more
The Venezuelan government has cut the official number of US dollars Venezuelans can buy for use abroad from $6,000 to $3,400 (£2,326) a year.
Read more
The dollar was set to complete its biggest annual decline against the yen in more than two decades on signs the U.S. economy is sinking deeper into recession.
Read more
The dollar fell against major currencies Tuesday after reports showed huge declines in new home sales and weak consumer confidence.
Read more
Recent Comments