Tag Archives : greenback

Today the Canadian dollar were near 2 months high as its chief export, the crude oil, rallied as demand for energy increases. This has favored currencies having a similar profile in foreign-exchange markets as the Australian dollar, which is…

This week the dollar ended with the highest rate against the European common currency. This happened after it has been suggested by the positive reports in the U.S. that the North American economy’s pace of recovery is accelerating. This in turn…

On Friday, the dollar reaches its strongest levels in a month versus many of its widely traded rivals, as better-than-expected U.S. economic data has supported anticipations that the key U.S. rates could rise sooner than expected…

On Monday morning in New York the dollar recovered some of its earlier losses as investors continue to fret over Dubai’s debt crisis despite of the United Arab Emirates’ move of providing funds to local banks. On the day the U.S. currency remains down against…

On Thursday the dollar is still rising after midday in Europe. There are currently two factors that are driving this rise in dollar. One is the fear of a debt default by Dubai World and the other is talk of intervention by the Bank of Japan and suspected intervention by the Swiss National Bank. This has reversed the dollar’s recent sharp fall which took it down to a…

On Monday the euro has shown some advancement, hovering near the $1.50 level in New York trading as demand for the greenback has been hurt by the comments from a Federal Reserve official. The remarks helped in encouraging a broad rally in global stocks, oil, gold and higher-yielding currencies that reversed…

On Monday morning the U.S. dollar against most currencies is moderately higher as investors remain apprehensive about the global economy and riskier assets, at this stage the Japanese yen has been the only major currency that has…