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 dollar was stuck in a rut against other major currencies as dealers awaited weekly US data and largely overlooked a new record high oil price.
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The US dollar continues its record-breaking slide, and analysts predict further falls to come.
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Depending on how investors behave, the dollar's downward drift could cast anything from a benign breeze to a hurricane.
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This is going to be the year the world learns to live with a cheaper dollar. How well it does that may have a profound effect on prospects for continued world growth.
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It pays to be big in a weak dollar world. Just ask Johnson & Johnson.
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The US dollar fell yesterday against all the major currencies on international exchange markets except the Canada dollar. The Euro climbed to $1.3074 against US dollar, breaking a new record.
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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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LONDON: The dollar sank to a new all-time nadir against the euro as markets remained concerned by the large US current account and budget deficits.
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The crash is coming. Here's how to beat it.
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A U.S. recession could ironically boost the dollar against the euro and high-yielding currencies as worried investors avoid risk, but much would depend on the depth of the downturn and its impact elsewhere.
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The dollar rose against the euro on Wednesday, backing further off a record low hit the previous day as currencies shuffled in ranges ahead of the year-end.  Ongoing concerns about the huge U.S. deficits has led many in the market to conclude the dollar could test new lows in thin trade before the end of the calendar year.
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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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Sure the currency is tumbling, but don&#39;t expect the FOMC to do much out of the ordinary today. NEW YORK (CNN/Money) - It&#39;s pretty clear that another interest rate hike by the Federal Reserve today will not be much of a headline maker.
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The U.S. dollar hit an all-time low in thin pre-holiday trading Thursday against the euro, which breached the $1.35 mark after a mixed economic report from the U.S. Commerce Department.
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The dollar fell to a record against the euro and tumbled versus the yen on expectation US officials will refrain from joining any effort to stem the currency&#39;s drop.
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It's taking on water, and debt.