U.S. Dollar

China's currency regulator urged the United States Wednesday to take "responsible" action to strengthen market confidence in the dollar and its debt, adding further heat to the fiscal battle in Washington. In a statement on its website, China's State Administration of Foreign Exchange made clear...

According to the International Monetary Fund, the U.S. dollar currently represents about 60% of global reserves held by emerging nations, down from about 70% a decade ago. Analysts at PIMCO have some idea of what's replacing it and it's not the Euro. The commodity rich nations of Australia,...

French President Nicolas Sarkozy has got German Chancellor Angela Merkel wrapped around his little finger. This is sending the euro higher. Sarkozy, visiting Frau Merkel in Berlin, has been successful in getting Merkel to compromise on her demands for bondholders to carry the burden. She said she...

Many U.S. dollar bulls are holding onto their bets even though the euro has climbed to a three-week high against the U.S. dollar. The euro went above $1.44 on Wednesday, its highest level against the U.S. dollar since early May. Market commentators are saying the euro is receiving a boost because...

The U.S. dollar was giving the euro a beating early Monday as the debt crisis in Europe was once again in focus. Before U.S. markets opened, investors were fleeing equities and running to what some market observers call the illusory safe haven of the U.S. dollar. On Monday, Greek Prime Minister...

Speculators are eyeballing yields on the Greek 10-year bond and wondering if the time has come to ditch the euro for the U.S. dollar. Fear grows daily that Greece will default, with some experts saying it is only a matter of time before the euro area member defaults and derails the currency....