dollar

The dollar strengthened the most against the euro in almost two months as traders said the decline was too fast to be sustained after the Federal Reserve lowered the target lending rate to near zero this week. The euro also weakened after the European Commission said the region may suffer a...

The dollar fell to a 13-year low against the yen and the weakest versus the euro in 11 weeks after the Federal Reserve cut its target interest rate to the lowest among the world’s industrialized nations. The U.S. currency also declined after the central bank said it will expand purchases of...

The dollar traded near a two-month low against the euro on speculation the Federal Reserve will reduce the target interest rate for overnight lending to a record low today. The greenback was also near the weakest level in 13 years against the yen as the Fed may also provide details on whether...

Full Article can be found at: Forex Secrets Blog USD hits 13 year low vs. JPY The USD hit an all time low against the Yen on Friday, before taking the first steps in recovering due to the Bush Administration's pledge to help the ailing big 3. The Dollar, which has been falling against...