Bloomberg: Dollar Drops to Lowest in 14 Months Against Top Currencies on Risk Demand

The Falling U.S. Dollar Is A Good Thing

By: amalgam80

The strength of the U.S. dollar is in trouble. In March a $1.25 bought you 1 euro, now it takes $1.50. But I’m here to tell you that this may not be a bad thing, at this time.   Over the long term, a weaker dollar could narrow the long-running United States trade deficit, helping close the gap between exports and imports, as American ...

28 days ago

OIL FUTURES: Oil Dips; Weaker Fundamentals, Dollar Considered

By: azhar12

Crude futures fell Wednesday, as oil market participants considered the weaker overtones of the U.S oil supply and demand picture despite an early rally on inventory draws. Light, sweet crude for December delivery recently traded 29 cents, or 0.4%, lower at $78.85 a barrel on the New York Mercantile Exchange, having hit an intraday peak of $80....

12 days ago

Oil falls towards $76 as equities drop

By: mwasifali

Saturday, November 21, 2009LONDON: Oil fell more than $1 a barrel towards $76 on Friday, pressured by a stronger US dollar and as falling equities raised concern about the economy and outlook for energy demand.US crude for December delivery fell $1.06 cents to $76.40 a barrel by 1420 GMT. The December contract expires on Friday. US crude for ...

9 days ago

Robert Fisk on the demise of the dollar.

By: northsunm32

Maybe it is more like the dollar doldrums as the currency weakens against many other currencies but it is probably early to announce its demise, that will be a slow and longer term process but inevitable it would seem. As the dollar weakens it will actually help some US companies that have a lot of sales overseas, even companies such as ...

about 1 month ago