United Kingdom | Thursday, 28 August 2008

Dollar Articles

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1. U.S. dollar and Asia stocks rise
The U.S. dollar rose broadly on Monday, hitting a two-year high against the pound, as a downtrend in oil and gold prices left investors scurrying to buy back the currency, sparking a rebound in Asian stocks.
25 Aug 2008
2. History shows sterling not heading off a cliff
Sterling's breath-taking slide to two-year lows against the dollar is one of the most significant in the past 20 years and may look like a crisis, but history indicates that it won't fall much beyond fair value levels around $1.60.
22 Aug 2008
3. Jewellery demand buoys gold but dollar a risk
Resurgent demand from jewellers and strong technical support have arrested a recent sharp slide in gold prices, but more losses are likely if the dollar keeps rising and exchange-traded funds lose faith in the metal.
21 Aug 2008
4. Asia stocks and dollar slip as oil climbs
Asian stocks fell on Thursday on gloom about the ability of exporters to weather a widespread economic slowdown, while the U.S. dollar slipped as oil prices rose to above $116 a barrel and halted a rally in the currency.
21 Aug 2008
5. Pound at new 22-month low
Sterling's slide gathered momentum on Friday as a rapidly deteriorating technical backdrop and growing expectations of UK interest rate cuts pushed it to a fresh 22-month low against a buoyant dollar.
15 Aug 2008
6. Pound hits 22-month low against the dollar
The pound slid to a 22-month low against the dollar and was on track for its steepest monthly drop in over 11 years on Thursday as negative sentiment mounted on the economy, raising expectations for a rate cut.
14 Aug 2008
7. Economy worries boost dollar and hit commodities
Worries about a slowing global economy pushed the dollar to six-month highs against the euro and other major currencies on Tuesday, and prompted more selling of key commodities such as gold and oil.
12 Aug 2008
8. Pound supported vs dollar but weak economy weighs
The pound held firm against the dollar on Tuesday as worries about the U.S. economy and its financial sector kept the U.S. currency weak across the board.
22 Jul 2008
9. Dollar up as stocks dip on Fannie/Freddie plan
The U.S. dollar rose and government bonds slipped on Monday after Washington gave its backing to troubled mortgage firms Fannie Mae and Freddie Mac, but shares dropped on concern the global credit crisis is worse than previously thought.
14 Jul 2008
10. Dollar rises on Bernanke comments
The dollar rose on Tuesday as the Federal Reserve's willingness to keep its emergency lending facility open into 2009 for some Wall Street firms calmed fresh credit concerns and encouraged investors to snap up U.S. stocks.
09 Jul 2008
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