dollar diversification
Growing Dollar Confidence
September 9, 2011
Simply put, the dollar is performing better. It posted solid gains against commodity-sensitive currencies in August, climbing 3.0% against the kiwi, 2.8% versus the Australian dollar, and 2.2% relative to the Canadian dollar. As of 15:10 GMT today, those advances had been so far extended in September by another 3.7%, 2.1%, and 1.7%, respectively. The […] More
Dollar Seemingly Weak on Diversification
April 25, 2011
The U.S. currency continues to struggle even against the euro, which some analysts early this year predicted would make a run at parity because of Europe’s sovereign debt crisis. That crisis has been every bit as bad as imagined, attested by the extremely wide Greek, Irish and Portuguese bond premiums over German bunds. The dollar […] More
