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Exchange Rate

Global Recovery Strengthens, Tensions Heighten

Olivier Blanchard | Posted 06.11.2011 | Business
Olivier Blanchard

The need for careful design of economic policies at the national level, and coordination at the global level, may be as important today as they were at the peak of the crisis two years ago.

The Chinese Yuan vs. the Power of the Dollar

Daniel Wagner | Posted 05.25.2011 | Business
Daniel Wagner

In the absence of any realistic alternative to replace the supremacy of the dollar, it is likely to remain the dominant global currency for many years to come. No other currency is more widely accepted or used.

An Original Plan 'B for the Eurozone

Azeem Ibrahim | Posted 05.25.2011 | World
Azeem Ibrahim

Portugal, Ireland and Greece may yet be able to ride out the storm if austerity works. But if it does not, more drastic solutions might be called for.

The World Says No to America's Monopoly Money

Eric Margolis | Posted 05.25.2011 | Politics
Eric Margolis

Last week's rolling economic summits in South Korea and Japan may well mark the beginning of the end of the dominance of the US dollar, which has ruled world finance and trade since 1945.

WATCH: Geithner Squares Off With Greenspan On The Strength Of The Dollar

The Huffington Post | William Alden | Posted 05.25.2011 | Business

Treasury secretary Timothy Geithner directly contradicted former Fed chairman Alan Greenspan's assertion about U.S. monetary policy, saying the U.S. i...

Proviso: Always on Track

Liz O'Connell | Posted 05.25.2011 | Sports
Liz O'Connell

Like many quality race horses, Proviso has a strong sense of self, knows the track routine as well as she does the bottom of her feed tub, and she likes to change things up a bit.

Can the Canadian Economy Afford the Tar Sands?

Jeffrey Rubin | Posted 05.25.2011 | Business
Jeffrey Rubin

At triple-digit prices, the tar sands will produce three to four million barrels per day. In turn, the tandem of soaring oil prices and soaring oil production will propel the Canadian dollar to heights it's never seen.

Yuan Gains, But China Warns It Won't Fix Economy

AP | ELAINE KURTENBACH | Posted 05.25.2011 | Business

SHANGHAI — By loosening its currency's peg to the dollar, China is seeking to defuse complaints that it keeps its exports artificially cheap, st...

Meaningless Fervor Over China's Exchange Rate Policy

Eric C. Anderson | Posted 05.25.2011 | Business
Eric C. Anderson

According to some pundits, Beijing's fixed exchange rate explains our trade imbalance with China and a end to this practice will aid the revival of manufacturing in America. Phooey.

Shrinking Dollar Sets Off Alarms Overseas, But Helps US

Washington Post | Anthony Faiola | Posted 05.25.2011 | Home

The dramatic decline of the U.S. dollar is aiding the American economic recovery but setting off alarm bells overseas, with corporate executives, poli...

China and Currency Manipulation

Sam Black | Posted 05.25.2011 | World
Sam Black

Going after China "aggressively" on its exchange rate policy would not be wise. It won't help address the job losses which have made this a hot issue, and it will strain relations with a major world power.

Experts: Don't Fear The Weak Dollar

CNN/Money | David Ellis | Posted 05.25.2011 | Business

Concerns about the weak dollar are mounting. But even as the greenback sinks to new lows against the euro and other global currencies, some experts sa...

Euro Trades Close To $1.50

AFP | Posted 05.25.2011 | Business

The euro crept higher on Monday after striking a series of historic peaks close to 1.50 dollars last week as dealers worried about the health of the U...

Dollar Falls For Sixth Day Amid Turmoil In Pakistan

Bloomberg | Min Zeng | Posted 05.25.2011 | Business

The dollar fell for a sixth day against the euro as slowing economic growth and concern that turmoil in Pakistan will intensify made U.S. assets less ...