Beware the falling dollar
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Given the sorry state of U.S. manufacturing and the widening trade gap between U.S. and the rest of the world, it's understandable why there's been little hand-wringing over the falling value of the U.S. dollar. Since October, the dollar has fallen 4% against both the euro and the Japanese yen. And this week, the dollar hit the lowest it's been against the euro since March 2005.
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The US dollar continues its record-breaking slide, and analysts predict further falls to come.
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The US dollar plunged to a new low against the euro Wednesday as markets shrugged off Washington&#39;s insistence that it is committed to a strong dollar.
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Economic instability looms as major currencies seem to be racing each other to the bottom of the pile. This is the flavour of the markets at the moment.
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The dollar plunged to an all-time low against the euro yesterday as the Bush administration signalled it was not prepared to take any action to prevent the slide.
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The market's tempting, but if you make this common mistake, it will kill your portfolio.
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The dollar fell to a record against the euro and tumbled versus the yen on speculation US officials will refrain from joining any effort to stem the currency&#39;s drop.
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Most economists agree that the dollar will continue its post-election decline, but there are at least three schools of thought on the nationÂs huge foreign indebtedness.
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The US dollar sank to an all-time low against the euro yesterday amid concerns over the US trade and budget deficits and worse-than-expected US employment data.
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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 story of the last week has been the fall and fall of the dollar with the currency touching daily record lows against the euro.
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Here's another way to invest in property. Just be careful.
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President Bush faces a potential currency crisis, in which a plunge in the dollar could set off economic waves around the world.
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The dollar sinks to 19-month lows of $1.30 against the euro amid concerns for the health of the US economy.
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ECONOMISTS may be fretting about the implications for the global economy of the near historically weak US dollar.
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So it has come to this for the tumbling U.S. dollar: It dropped below the Canadian dollar last week and is barely hanging on to parity now.
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Oh, the amazing shrinking dollar. The U.S. currency tumbled last week to a record low after the Federal Reserve cut interest rates, continuing the dollar's six-year slide. Behind the latest drop is the expectation of weaker U.S. growth and stronger overseas economies. The slump took the dollar be...