NEW YORK, May 22 (Reuters) - The dollar rose to a 4-1/2-year high against the yen and a near three-year peak against a currency basket on Wednesday after Federal Reserve Chairman Ben Bernanke stoked speculation the U.S. central bank could slow its ...
KINGSTON, Jamaica - The Jamaican dollar lost against both its North American counterparts at the end of trading today. The US dollar traded for an average J$99.11, up seven cents from yesterday while the Canadian dollar went for J$97.37, a 30-cent gain.
Dollar retreats from near three-year peak vs basket of currencies. By Wanfeng Zhou. NEW YORK, May 20 (Reuters) - The U.S. dollar fell against the euro and yen on Monday as traders pared back expectations Federal Reserve Chairman Ben Bernanke would ...
Recent speculation that the Federal Reserve was considering winding back its economic stimulus plan has helped the US dollar rally against all the major currencies, including the Australian dollar. In testimony to Congress last night, Australian time ...
Video summary: The US Dollar continues to surge, but we look at key reasons why the Greenback could hit even higher highs--particularly versus the Aussie and Swiss Franc.
... Fed's bond purchases, leading some analysts to question the sustainability of the dollar's rise. "We think tapering expectations will ultimately be undermined by deterioration in U.S. activity in the weeks ahead," said Daniel Katzive, strategist at ...
Center for Research on Globalization - May 19, 2013
Quantitative Easing is the term given to the Federal Reserve's policy of printing 1,000 billion new dollars annually in order to finance the US budget deficit by purchasing US Treasury bonds and to keep the prices high of debt-related derivatives on ...
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