All Posts Tagged With: "U.s. currency"
Turbulence in the European Economy Sparks a Dollar Rally
The U.S. greenback surged Friday, capping off the biggest weekly dollar rally in three and a half years, as the euro slumped on speculation the European economy would continue to weaken.
The euro fell as low as $1.5008 Friday afternoon, dropping…
11Aug2008 | Money Morning | 0 comments | ContinuedThe Fed’s “Strong Dollar Policy” Actually Isn’t so Strong
Ever since Robert Rubin began the tradition in the mid-1990s, it has been a significant element of the U.S. treasury secretary’s job to continuously state that a strong dollar is in the national interest. It is widely regarded that such…
11Jun2008 | Money Morning | 0 comments | Continued
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