Dollar Rebound in 2008: A Fairy Tale?
Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?
Are traditional assumptions about the connection between growth and proactive interest rate cuts still valid if monetary policy fails?
AP | MATT MOORE | Posted 03.28.2008 | Business
FRANKFURT, Germany — The dollar's plunge continued unabated Thursday, striking record lows after the European Central Bank kept its benchmark ra...
AP | MATT MOORE | Posted 03.28.2008 | Business
BERLIN — The dollar kept spiraling down Friday, hitting another low against the euro and dropping to a three-year record against the yen, as wor...
AP | MATT MOORE | Posted 03.28.2008 | Business
BERLIN — The euro climbed to a record high of $1.5057 in early European trading on Wednesday as sentiment increased that the U.S. Federal Reserv...
AP | ADAM SCHRECK | Posted 03.28.2008 | Business
NEW YORK — Crude prices spiked above $102 a barrel for the first time Wednesday, then retreated after the government reported the nation is grea...
Reuters Via USA Today | Posted 03.28.2008 | Business
In the latest example that the U.S. dollar ain't what it used to be, some shops in New York City have begun accepting euros and other foreign currency...
Financial Times Via AP | Javier Blas | Posted 03.28.2008 | Business
Gold prices rallied on Tuesday after the US Federal Reserve cut interest rates in an emergency meeting in an effort to prop up the weakening US econom...
AP | TALI ARBEL | Posted 03.28.2008 | Home
The dollar fell to a record low against the euro for the seventh consecutive session while the Canadian dollar hit a 31-year high as inflation data ra...
AP | Matt Moore | Posted 03.28.2008 | Business
The dollar hit a new low against the seemingly unstoppable euro Friday as the 13-nation currency broke through $1.41. The euro's ascension drew renew...
ABC News | CHARLES HERMAN | Posted 03.28.2008 | Business
The Canadian dollar has reached parity with the U.S. dollar for the first time since 1976. They are now equal in value. The euro also soared to its hi...
Eben Esterhuizen | Posted 03.28.2008 | Business