Is Dollar-Based Salvation Coming?
The hope that the troubling surge in inflation will soon pass draws on fresh hope born of the widely reported outlook for new-found strength in the dollar. And the hope doesn't come a moment too soon.
Australian Dollar Falls This Week on Rates, N.Z. Dollar Rise
The Australian dollar fell, takingits loss from a 25-year high reached a month ago to 12 percent,
as prices of commodities slid and traders bet on lower interest
rates. The New Zealand dollar headed for its first rise in five
weeks.
Cocoa Falls in N.Y. as Dollar Gains, Gold, Crude Pushed Lowe
Cocoa fell in New York as the dollargained, damping demand for commodities including gold and crude
oil as hedges against inflation.
Mexican Peso Rises After U.S. Inflation Higher Than Expected
The Mexican peso rose for a thirdconsecutive day after the U.S. Labor Department reported that
consumer prices in Mexico's largest trading partner rose more
than expected in July.
The yen rose to a 12-week high against the euro and its stro
The yen rose to a 12-week highagainst the euro and its strongest level in three months versus
the pound as investors in Japan reduced bets on higher-yielding
assets abroad.
Dollar Gain Signals Pain as Rally Prompts Exit From Trade
Just because the dollar posted its biggest gain against the Euro in almost eight years doesn't mean the U.S. currency won't continue to be plagued by the nation's slowing economy, widening budget and trade deficits and negative inflation-adjusted
Economy Remains in Low-Growth Zone Despite Stimulus Measures
We are still not out of the woods. The incoming economic evidence suggests lackadaisical growth in the near term. There is no denying of the fact that stimulus measures have boosted consumer spending, though many see the impact as fleeting. There
Support for the AUD on the wane
To many, the RBA’s policy statement earlier this week constituted the preparatory stage towards an inevitable cut in interest rates before the Australian winter is out. For so long a stellar performer amongst the world’s major economies, Australi


