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Beijing, Riyadh will call shots on ailing dollar

                   
gata.org
May 11, 2008
        
Story Timeline:  155 days

By Liam Halligan The Telegraph, London Sunday, May 11, 2008 Only a month ago the dollar slumped to an all-time low against the euro. And it's just five weeks since the greenback hit a 12-year low against the yen. read more ... Submitted by cpowell on Sun, 2008-05-11... [read full story]                    

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Latest article on this story:

US Dollar Recovers On Building Inflation, Sales Data

 dailyfx.com May 13, 2008
First article on this story:

Dollar holds up against most Asian currencies

 haveeru.com.mv May 11, 2008
Selected publications with coverage of this story:
reuters.com zawya.com indiatimes.com mathaba.net ibtimes.com tiscali.co.uk marketoracle.co.uk marketwatch.com canadianbusiness.com telegraph.co.uk afp.com news.com.au
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US Dollar Recovers On Building Inflation, Sales Data

dailyfx.com
May 13, 2008
        

Written by Terri Belkas and David Song, DailyFX.com The US dollar advanced against most of the major currencies as fresh economic data led the markets to reduce expectations of further rate cuts by the Federal Reserve, but fell to a two month low against the Canadian dollar as oil prices peaked...

Dollar gains strength, even amid release of more weak economic data, new oil records

iht.com
May 13, 2008
        

The dollar strengthened against most major currencies Tuesday despite gloomy U.S. economic data and record oil and gas prices. The 15-nation euro fell to $1.5480 in late New York trading from $1.5540 late Monday. The British pound declined to $1.9459 from $1.9566. The dollar also climbed to...

Dollar gains strength, even amid release of more weak economic data, new oil records

canadianbusiness.com
May 13, 2008
        

NEW YORK (AP) - The dollar strengthened against most major currencies Tuesday despite gloomy U.S. economic data and record oil and gas prices. The 15-nation euro fell to $1.5480 in late New York trading from $1.5540 late Monday. The British pound declined to $1.9459 from $1.9566. The dollar also...

Dollar strengthens despite discomfiting data, record oil

finanznachrichten.de
May 13, 2008
        

NEW YORK (AP) - The dollar strengthened against most major currencies Tuesday despite gloomy U.S. economic data and record oil and gas prices. The 15-nation euro fell to $1.5480 in late New York trading from $1.5540 late Monday. The British pound declined to $1.9459 from $1.9566. The dollar also...

Dollar strengthens despite discomfiting data, record oil

ibtimes.com
May 13, 2008
        

The dollar strengthened against most major currencies Tuesday despite gloomy U.S. economic data and record oil and gas prices. The 15-nation euro fell to $1.5480 in late New York trading from $1.5540 late Monday. The British pound declined to $1.9459 from $1.9566.

Dollar gains strength despite release of more weak economic data

canadianbusiness.com
May 13, 2008
        

FRANKFURT, Germany (AP) - The dollar gained strength in Europe Tuesday in the face of more U.S. economic data that provided additional reasons for gloom. The 15-nation euro purchased $1.5505 in late European trading, down from $1.5540 late Monday in New York. The British pound declined to $1.9488...

Dollar strengthens in Europe despite bad US news

ibtimes.com
May 13, 2008
        

The dollar gained strength in Europe Tuesday in the face of more U.S. economic data that provided additional reasons for gloom. The 15-nation euro purchased $1.5505 in late European trading, down from $1.5540 late Monday in New York. The British pound declined to $1.9488 from $1.9566.

                   

grams commented on "Dollar's decline finally may have ended"

marketwatch.com
May 13, 2008
        

The USDX and exchange rates prove nothing in competitive devaluation. Stop the intervention. Then see where the exchange rates and the USDX goes. Watering down the euro and the dollar back and forth, then saying one is strengthening, isn't real meaningful. You really need an absolute standard to...

                   

Will a weak dollar hit my portfolio?

cnn.com
May 13, 2008
        

Currency trends can affect the yields on your international stock funds. Question: Does the low value of the U.S. dollar today compared to foreign currencies make investing in international stock funds less attractive than when the dollar is strong? —Larry Mulcahey, Bloomington, Illinois Answer:...

                   

Dollar Cheers Sales, Ignores Autos

fxstreet.com
May 13, 2008
        

Dollar rises across the board as traders focus not on the 0.2% decline in April retail sales which was in line with expectations but on the 0.5% increase in sales excluding autos, nearly triple expectations as auto sales dropped 2.8% to 10-month lows. The other positive part of the report is the...

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