Tag Archives : New Zealand dollar

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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 Tuesday the euro rise against the dollar, reversing earlier losses as a firmer-than-expected German sentiment survey offset concerns about the country’s banking sector.A bigger-than-expected rise in the German Ifo November business climate index has helped the euro. The index rose to…

On Friday the dollar rise, giving an extension to the previous day’s gains as investors retreated from riskier assets, taking the shine off higher-yielding currencies such as the Australian dollar.Today Tokyo’s Nikkei average fell 0.5% and after the U.S. S&P 500 index suffered its worst one-day percentage fall in three weeks on…

On Tuesday in New York trading the dollar sell-off continued as rising U.S. equities helped yield-seeking investors slough off caution before this week’s key policy meetings. The dollar continued to remained near its intraday lows against a string of widely traded currencies in choppy trading. Analysts said that…

When the inhabitants of a country use foreign currency in parallel to or instead of the domestic currency then Dollarization takes place. The term is not only applied to usage of the United States dollar, but generally it is applied to the…