Posted by R. MAK. on December 17, 2009 ·
On Thursday the dollar surged to a three-month high Vs a currency basket, buoyed by an upbeat tone from the Federal Reserve, while on fresh concerns about Greece’s waning fiscal health the euro…
Posted by R. MAK. on December 2, 2009 ·
On Wednesday after worse-than-expected U.S. private-sector jobs data boosted safe-haven demand, the dollar rose, whereas the yen fell broadly on fears monetary authorities may step in to stem the currency’s strength…
Posted by R. MAK. on November 26, 2009 ·
When we are talking about taking a position in the dollar, then it is important for the currency trader to assess the different factors that affect the value of the dollar so that the trader may be able to determine a direction or trend. We can divide that methodology into three groups…
Posted by R. MAK. on November 25, 2009 ·
As the decline in weekly jobless claims and a rise in personal consumption improved the outlook for the U.S. economy, the dollar fell to a fresh 15-month low against a basket of currencies on Wednesday. Traders had earlier sold the dollar across the board, which results in pushing the dollar to a 10-month low against the yen, as it has been showed by…
Posted by R. MAK. on August 3, 2009 ·
A term coined by Henry C.K. Liu to describe the US dollar in the global economy is Dollar hegemony; it is a form of monetary hegemony. The term was popularized by Liu in a widely circulated and quoted article “Dollar Hegemony has to go” in Asia Times on April 11, 2002. Then after that this article was quoted…
