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  • Gold Soars to 28-Year High As Dollar Continues Slide Friday, 21 Sep 2007 | 10:01 AM ET
    Gold Bars

    Gold hit a 28-year high on Friday as the dollar's continued slide to record lows versus the euro raised the metal's appeal to speculative investors.

  • Greenback at 30-Year Low vs. Canadian Dollar Thursday, 20 Sep 2007 | 1:00 PM ET
    American Dollar and Canadian Dollar

    The Canadian dollar hit parity with the U.S. dollar for the first time in 31 years Thursday, capping a 62 percent rise from 2002 on the back of booming commodity prices and a deepening disenchantment with the greenback.

  • Dollar Strengthens on Fed Rate Cut Wednesday, 19 Sep 2007 | 4:55 PM ET

    The dollar rallied from a 15-year low against a basket of currencies Wednesday, as investors bet the Federal Reserve's interest rate cut Tuesday will help boost a slowing U.S. economy.

  • Dollar Hits Record Low Against Euro After Fed Cut Tuesday, 18 Sep 2007 | 3:23 PM ET

    The dollar touched a record low versus the euro on Tuesday after the Federal Reserve cut the U.S. benchmark lending rate by half a percentage point, the first cut in four years, in a bid to boost the U.S. economy.

  • The British pound fell below $2 for the first time this month on Monday as thousands of depositors pulled money from U.K. lender Northern Rock. At the same time, the dollar was slightly weaker against most other currencies ahead of an expected U.S. interest rate cut.

  • Euro Zone July Trade Surplus Smaller Than Expected Monday, 17 Sep 2007 | 6:24 AM ET

    The euro zone's trade surplus was smaller than expected in July, unadjusted data showed on Monday, but exports continued to grow more quickly than imports.

  • Dollar Edges up But Fed Cut Looms Friday, 14 Sep 2007 | 3:16 PM ET

    The dollar edged up against the yen and steadied against the euro Friday after soft data on U.S. consumers left traders scaling back currency bets ahead of an expected U.S. interest rate cut next week.

  • Germany's Glos Fears Euro Will Remain Strong Friday, 14 Sep 2007 | 4:37 AM ET

    German Economy Minister Michael Glos said on Friday he feared the euro would remain strong and turbulence on financial markets would continue.

  • Dollar Rebounds vs. Euro, Yen as U.S. Stocks Rise Thursday, 13 Sep 2007 | 2:17 PM ET

    The dollar rebounded against the yen and euro Thursday as investors resumed buying the U.S. currency after nearly a week of declines, although expectations of a cut in U.S. interest rates capped gains.

  • Dollar Hits Low Against Euro as Rate Outlooks Diverge Wednesday, 12 Sep 2007 | 5:41 PM ET

    The dollar fell to a record low against the euro on Wednesday as investors braced for the Federal Reserve to cut interest rates next week, rendering dollar-denominated assets less attractive to global investors.

  • ECB Lends Banks $104 Billion Wednesday, 12 Sep 2007 | 10:28 AM ET

    The European Central Bank lent commercial banks 75 billion euros ($104 billion) in three-month funds Wednesday, 25 billion euros more than in a previous operation last month, the bank said on its Web site.

  • Dollar Near Record Lows Vs. Euro After Bernanke Tuesday, 11 Sep 2007 | 2:21 PM ET

    The dollar slid to near a record low versus the euro Tuesday, as traders bet a slowing U.S. economy will prompt a Federal Reserve rate cut next week, while the European Central Bank holds steady for some time.

  • Dollar Falls to Near-Record Lows Against Euro Monday, 10 Sep 2007 | 5:05 PM ET

    The dollar fell near record lows Monday against the euro, weighed down by last week's disappointing U.S. jobs data and chances that an interest rate cut by the Federal Reserve is on the way.

  • Dollar Hits 15-Year Low after Glum Jobs Report Friday, 7 Sep 2007 | 5:06 PM ET

    The dollar slid to a 15-year low against major currencies Friday as data showed U.S. payrolls fell last month for the first time in four years, raising recession fears and pressure for the Federal Reserve to cut interest rates.

  • Euro-zone Rates Likely to Raise Further Friday, 7 Sep 2007 | 10:52 AM ET
    FILES - Picture taken 06 June 2007 shows a man walking past the European Central Bank (ECB) in Frankfurt/M. western Germany. The European Central Bank 14 August 2007 injected 7.7 billion euros (10.5 billion dollars) into the money market to calm liquidity fears in the wake of the crisis in the US home loan sector.

    Euro-zone interest rates have further to rise, European Central Bank Governing Council member Axel Weber said on Friday, although other policymakers stressed no move is imminent given uncertainty over the credit crunch.

  • The eurozone finance ministers' chairman said on Friday French President Nicolas Sarkozy was neither noble nor correct to claim some of the credit for the European Central Bank's decision to keep interest rates on hold.

  • Europe Central Bank Holds Key Rate Steady Thursday, 6 Sep 2007 | 11:57 AM ET

    The European Central Bank kept its key monetary policy rate flat at 4% on Thursday due to persistent turbulence in the financial markets because of fears of a spillover of the U.S. subprime crisis.

  • Is the Euro-Zone Tightening Cycle Over? Thursday, 6 Sep 2007 | 6:46 AM ET

    Another rise in euro-zone interest rates looked assured last month, but the turmoil in the credit markets has brought pressure on European Central Bank President Jean-Claude Trichet to keep rates at 4%.

  • Investment Drop Slows Growth in Euro Zone Tuesday, 4 Sep 2007 | 7:37 AM ET

    A sharp drop in investment and government spending more than halved quarterly euro zone growth for April to June, but this is unlikely to stop further ECB interest rate rises as analysts expect the economy to pick up.

  • The dollar steadied versus the euro and yen on Monday at the start of a busy week for U.S. data which should shed light on the extent to which the credit markets turmoil is taking a toll on growth.