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Entries for the ‘Americas’ Category

Dollar Wins Heads-or-Tails Toss on Growth or Weakening Economy

April 27 — Former Federal Reserve Chairman Alan Greenspan said five years ago that predicting currencies is no better than tossing a coin. A growing number of traders are betting that heads or tails, the dollar wins.
Investors bullish on the U.S. economy say the dollar will strengthen as America recovers first from the global [...]

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Dollar Gains on Optimism Worst of U.S. Economic Crisis Is Over

April 10 — The dollar rose against the euro, heading for the biggest weekly gain in three months, on speculation the worst of the financial crisis is over in the world’s largest economy.

The Dollar Index was set for its largest weekly advance since November after Wells Fargo & Co.’s profit beat estimates, triggering the [...]

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