Archive for the ‘U.S. Dollar’ Category

Dollar Climbs as Safety Demand Rises on Markets

Saturday, July 4th, 2009

US DollarThe dollar ended this week posting gains versus all 6 major currencies, as another wave of pessimism caused by grim reports in U.S. and U.K. spurred demand for the safety of the greenback.

Recession Concerns Sets Dollar to Weekly Gain

Friday, July 3rd, 2009

US DollarThe dollar is coming to this week’s end advancing against the euro and the pound, after a U.S. report indicated more job cuts than predicted, raising concerns that the global slump may be prolonged for an undetermined amount of time.

China’s Confidence on Dollar Pushes Greenback Up

Thursday, July 2nd, 2009

US DollarThe U.S. dollar climbed today after a Chinese Foreign Ministry official stated that the believes in the stability of the greenback, and informed that he is unaware of discussions next week during the G8 meeting regarding eventual substitutes for the dollar as the world main reserve currency.

Dollar Climbs as China Confirms Its Global Reserve Currency Status

Monday, June 29th, 2009

US DollarThe dollar started this week’s session rallying against several main currencies after China stated that it may continue to be used as a main reserve currency, and that the Asian nation won’t change its foreign currency reserves suddenly.

Dollar Declines on China Alternative Reseve Currency Demand

Saturday, June 27th, 2009

US DollarThe Dollar ended the week losing against several major currencies after China declared this Friday that a supranational currency should be created for regulating international trade, damping demand for the greenback, which is currently the world main reserve currency.

Dollar Drops on Interest Rate Outlook

Friday, June 26th, 2009

US DollarThe U.S. dollar had a weak performance today losing against most of the major traded currencies, as stocks rose for a third day, mainly in Asia, damping demand for the greenback.

Dollar Down on Durable Goods Data Speculation

Wednesday, June 24th, 2009

US DollarThe U.S. dollar had a day of weak performance losing ground to currencies like the euro and the Australian dollar as speculations that a report to be released this Wednesday will indicate a decrease in durable goods orders, affecting the greenback outlook negatively.

Dollar Falls Slightly as Interest Rate Speculations Grow

Wednesday, June 17th, 2009

US DollarThe dollar posted slight losses against currencies like the Singaporean dollar and the yen after speculations that the Fed will not increase its interest rates this year eased the optimist outlook for the North American currency this Wednesday.

Dollar Climbs After Russian Minister Declaration

Monday, June 15th, 2009

US DollarThe dollar had the highest rise in a week against most of the main currencies after Russian Finance Minister Alexei Kudrin stated that the nation has full confidence in the U.S. currency.

Dollar Climbs Before G-8 Meeting

Friday, June 12th, 2009

US DollarAfter several days of losses, the greenback rebounded, ending the week with a rather neutral performance before a G-8 meeting, where Timothy Geithner may state in favor of a strong U.S. dollar.


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