January 12th, 2012
The dollar rallied versus the euro on Wednesday, amd expectations that the European Central Banks may soon announce more liquidity-adding measures in support of the region’s trubled banking sector.
The ECB meets Thursday, and while no change to their benchmark…
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January 11th, 2012
The dollar was slightly weaker versus major rivals on Tuesday, but steadied in afternoon dealing amid lingering worries that Europe is not moving fast enough to quell its prolonged sovereign debt crisis.
Encouraging economic news from France and China fueled…
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January 10th, 2012
The dollar fell for the first time in four days on Monday, as traders covered short bets on the euro amid signs of progress on a new treaty to govern the euro zone.
German Chancellor Angela Merkel and French President…
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January 9th, 2012
The dollar finished a strong week in characteristic robust fashion, rising to a fresh 16-month peak versus the reeling euro. Traders were influenced by European debt fears and the latest in a series of encouraging reports about the U.S. jobs…
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January 6th, 2012
The dollar continued its assault on the euro and crept higher versus other major rivals on Thursday, bolstered by its sovereign haven status.
After a holiday reprieve European debt concerns were once again front and center, driving the beleaguered euro…
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December 29th, 2011
The dollar surged to its highest since January versus the slumping euro on Wednesday, as enthusiasm about Italy’s successful bond auction gave way to concerns about the European banking sector.
The euro weakened after a report in the Financial Times…
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December 28th, 2011
The dollar was little changed on Tuesday, bolstered by data showing that U.S. consumer confidence rose in December to its highest in eight months.
The news is the latest in a series of headlines indicating that the world’s biggest economy…
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