Dollar Holds Gains Ahead of Data
BY BRADLEY DAVIS NEW YORK -- The dollar was little changed against its major competitors in early morning New York trading Tuesday, holding onto gains from the prior session, ahead of two key U.S. economic reports that could determine whether risk appetite returns to... [read full story]
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Weak economic data pushes dollar higher in past week
NEW YORK, Oct. 30 (Xinhua) -- Risk appetite in currency trading picked up temporarily on Thursday amid a strong U.S. GDP report, but pulled back on Friday after a report showed that consumer spending fell in September. Personal...
Trading Currency For Yield
Most investors don't realize this but investing is a simple exercise is trading one currency for another. In the foreign exchange market in order to buy a currency you must sell another one in a pair. For example to buy...
Dollar surges on risk fears
Filed Under: Economy and Business and Finance NEW YORK – The US dollar surged Friday against the euro and several other key currencies amid concerns over the pace of US economic recovery and potential eurozone economic...
Safe-haven dollar gains as consumer spending weak
NEW YORK (AP): The dollar, after starting the week at a 14-month low against the euro, gained on most currencies Friday as concern about weak U.S. consumer spending offset jubilation over growth in the world's largest economy.
Dollar Broadly Climbs
BY DON CURREN The dollar advanced against most currencies but retreated against the Japanese yen Friday as investors, spooked by doubts about the strength of the economic recovery. After Thursday's rally, stock markets fell...
The dollar rises, and (almost) nobody is happy
Blame the almighty dollar -- or, uh, the slightly less anemic dollar. Friday’s big sell-off on Wall Street and in the commodity pits was accompanied by another rise in the greenback’s value against other major and minor...
Dollar rebounds on weak U.S. consumer spending
NEW YORK, Oct. 30 (Xinhua) -- The dollar rebounded against most major currencies on Friday as weak U.S. consumer spending data boosted safety-haven demand for the greenback. Personal consumption expenditures in September fell...
The U.S. Dollar And SDR
You didn't see this in the news. And it's unlikely you'll read about it on any blogs or hear about it by word of mouth. Even the most extreme government watchdog groups seemed to have missed this story. . . [More...]
Dollar firms as stocks tumble
The greenback recovers against the euro as investors mull GDP advance and spark a retreat on Wall Street. The dollar and yen rallied Friday as a sharp selloff in the stock market and uncertainty about the economy boosted...
Safe-haven Dollar Gains As Consumer Spending Weak
Safe-haven Dollar Gains As Drop In Americans' Consumer Spending Renews Worries On Recovery (AP) NEW YORK (AP) - The dollar, after starting the week at a 14-month low against the euro, gained on most currencies Friday as concern...
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