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Posts related to ‘Dollar’

China To Take Yuan Off Dollar Peg, Huge Victory For Geithner

Posted: June 19, 2010 at 9:54 am

China has knuckled under to pressure from the US and G20 nations and will allow a gradual revaluation of the yuan, decoupling it from the US dollar. The US Administration ...
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Trade Deficit Reduced In October As Exports Rise

Posted: December 10, 2009 at 9:33 am

The U.S. trade deficit decreased $2.7 billion $32.9 billion in October as a result of exports growing more than imports.  Exports grew $3.4 billion while imports grew $745 million.  Gains ...
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Big Ben Talks Down The Dollar

Posted: December 7, 2009 at 1:48 pm

Friday's surprisingly strong job report sent the dollar soaring (NYSE: FXE, FXB, FXA, FXY).  Skittish currency traders got the impression that the improvement in the job market might prompt the ...
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