The move by the central bank to prop up the U.S. dollar late in the session was the result of the bank taking a cue from a weaker South Korean won and confirmed that it was reluctant to see the Taiwan dollar lag behind in the regional currency ...
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 ...
One of the major stories throughout the last week in the currency market was the prevailing strength of the US Dollar. The greenback is evolving at a multi-year high against a basket of major currencies despite global equity markets trading at or near ...
In international market, the US dollar slipped against basket currencies on investors cautiousness ahead of Federal Reserve Chairman Ben Bernanke's views in Joint Economic Committee meet over state of US economy as well as Fed's current easing ...
KINGSTON, Jamaica - The Jamaican dollar today strengthened marginally against its US counterpart to trade at an average $98.96, three cents lower than it closed on Friday.
US dollar closes at AR$ 5.255; 'blue' rate lower. The US dollar official rate rose half a cent today at exchange houses ending at AR$5.255 for its selling price while the black market dollar slid 32 cents and closed to AR$8.58.
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 ...
"The reaction of the greenback to the tone struck by the Fed will impact whether the Australian dollar can push past 98.50 US cents," Mr Waterer said. "I think it's largely going to be a non-committal stance by Bernanke and that will douse the growing ...
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