The Wall Street Journal reported Thursday that the Euro has reached an 11-week high against the dollar. NEW YORK –The euro rose above $1.31, hitting its highest point in 11 weeks as improving euro-zone economic data helped the common currency extend a strong rally that’s seen it rise more... Read more...
The dollar plunged today following a United Nations report which called for the greenback to be replaced as the global reserve currency by the International Monetary Fund’s special drawing rights (SDRs). The dollar’s trend of moving inversely to the stock market has seemingly been snapped, ... Read more...
Can you really call it a conspiracy if its true? Read more...
A startling admission today from Philadelphia schools superintendent Arlene Ackerman: the district spent $1 million to install security cameras at South Philadelphia High School in the wake of racial violence there. Ackerman was testifying before City Council on the district's $3-billion-plus b... Read more...
Judging by Ben Bernanke’s recent abnormal behavior, we are quite confident the Fed forgot to add at least three zeroes to the latest version of the Benjamins. Here is how the government is spending money to recreate old money, just so it can print even more money. Read more...
The US dollar has hit a 14-year low against the Japanese yen with low interest rates in the US making the greenback less attractive to investors. The dollar slipped to 86.5 yen, its lowest level since July 1995. The US has indicated it is unconcerned about the dollar's slide, and will not interven... Read more...
Nov. 9 (Bloomberg) -- The euro rose against the yen and the dollar after a report showed Germany’s exports climbed more than economists predicted, adding to signs the region’s economy is recovering and boosting demand for higher-yielding currencies. The U.S. currency dropped the most versus t... Read more...
PERTH (Reuters) - Oil rose more than $1 to above $78 a barrel on Monday, recouping some of the previous session's near 3 percent loss, on fears a powerful hurricane would cut U.S. oil and gas supplies and also lifted by the falling dollar. Hurricane Ida roared on Sunday through th... Read more...