The Deluge Before the Dollar
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IN âA Nation of Counterfeitersâ (Harvard University Press, $29.95), Stephen Mihm takes us back to the screwball days between the American Revolution and the Civil War, when the dollar did not exist.
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The US dollar went down to a record low of $1.33 to the euro at the end of last week amid signs that foreign central banks, which have invested heavily in US treasuries and other forms of debt
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The dollar tumbled to a record low  against the euro and a 12-year trough versus sterling on  Wednesday as it ran into a fresh wave of selling after  consolidating earlier this week.
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THE dollar tumbled to new lows against the euro yesterday as markets brushed aside an upgrade to US growth and a fresh warning from the European Central Bankâs President
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The dollar's jump against the euro on Friday reflected a possibly misinterpreted signal of higher interest rates and the desire of investors to own dollars.
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The dollar, whose weakness has been fueled by concern over the US trade and budget deficits, hit a new low against the euro, which rose to $1.3335 yesterday. In late New York trading, the euro eased back to $1.3280, below its intraday high but still above Monday's late rate of $1.3273.
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The dollar traded in tight ranges against the euro and the yen on Tuesday ahead of the year-end holidays, but market players said it was only a matter of time before the US currency resumes its slide.
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As the dollar has slumped this fall, many investors have started to worry that people in Asia who own U.S. stock will be tempted to pare their holdings.
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The dollar garnered support from a slide in crude oil prices.
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By Christopher Faille, Financial Correspondent
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Ouch! The dollar's drop translates into rapidly rising rents for some residents of these 10 cities.
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The US dollar continues its record-breaking slide, and analysts predict further falls to come.
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The dollar barely moved against other major currencies on Monday morning, with many in the market expecting it to drift in a tight range this week ahead of major events in early February.
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A few highly preliminary observations about the recent turmoil in the financial markets.
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Sign of gloom among US consumers have helped force the dollar to fresh record depths against the euro. At 1450 GMT on Tuesday, the euro-dollar exchange rate topped out at $1.3335.
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dailyfx.com. The skyrocketing Euro and tumbling US dollar has been a major headliner over the past few weeks. In an investor climate that traditionally focuses most
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The dollar continues its record-breaking slide against many of the world's major currencies, with analysts predicting it could fall further.