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  • Dollar Gains on Weak Europe Econ Data Wednesday, 23 Apr 2008 | 4:54 PM ET

    The euro had its biggest drop against the U.S. dollar in three weeks Wednesday, as soft economic data and comment from European policy-makers indicated the weaker U.S. currency is hurting euro zone economic growth.

  • Dollar Bumbles to All-Time Low Vs. Euro Tuesday, 22 Apr 2008 | 2:39 PM ET

    The euro roared to another record high Tuesday, crossing $1.60 in late afternoon trading in Europe after a pair of ECB governors said high inflation may cause the bank to raise interest rates.

  • Dollar Slips Broadly as BoA Results Cool Optimism Monday, 21 Apr 2008 | 12:08 PM ET

    The dollar fell broadly on Monday after weaker-than-expected Bank of America profits damped investors' initial optimism that companies may escape the pinch of the crisis in global credit markets.

  • ECB Hints at Rate Rise if Inflation Stays High Saturday, 19 Apr 2008 | 11:36 AM ET

    Wage and fiscal policy in the euro zone could buoy inflation and the European Central Bank may need to act on interest rates, ECB policymaker Axel Weber said in a newspaper interview released on Saturday.

  • For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.

  • Dollar Gains Broadly as Citi Earnings Cheer Friday, 18 Apr 2008 | 2:29 PM ET

    The dollar touched a seven-week high against the yen and pulled further away from a record low versus the euro Friday after Citigroup earnings contained less damage from the crisis in credit markets than some had expected.

  • Soros: Euro Cannot Become Main Reserve Currency Thursday, 17 Apr 2008 | 12:16 PM ET
    Exchanging Dollars and Euros

    The euro cannot replace the dollar as the world's main reserve currency, and a system of two reserve currencies would be unstable, billionaire investor George Soros said on Thursday.

  • Euro Backs Off From Historic Peak vs. Dollar Thursday, 17 Apr 2008 | 12:06 PM ET
    Dollar and Euro

    The euro retreated from a record high against the dollar in choppy trade Thursday after a top euro zone official called recent euro appreciation "undesirable."

  • Dollar Hits New Low after U.S. Inflation, Housing Data Wednesday, 16 Apr 2008 | 11:52 AM ET

    The euro pushed to a new record high Wednesday after a lower-than-expected gain in U.S. inflation last month and a sharp fall in housing starts boosted the case for more Federal Reserve interest rate cuts.

  • Dollar Rises as Data Shows Higher U.S. Inflows Tuesday, 15 Apr 2008 | 1:01 PM ET

    The dollar extended gains on Tuesday after U.S. Treasury data showed foreigners increased purchases of U.S. assets in February, easing some concern that the credit crisis would dry up U.S. capital inflows.

  • Dollar Mixed after U.S. Retail Sales Increase Monday, 14 Apr 2008 | 1:03 PM ET
    Exchanging Dollars and Euros

    The dollar was mixed against European and Asian currencies Monday after the Commerce Department reported that retail sales edged up in March.

  • So The Big Boys Are Finally Focusing On The Dollar Monday, 14 Apr 2008 | 12:56 PM ET

    The Fed, the Treasury, and the G7 may have discovered that the U.S. peso (a.k.a. “the dollar”) has been falling and world inflation is rising. According to the official statement of the G7 finance ministers and central bank governors:

  • For the week ending Friday, April 11, 2008 the US Markets ended the week in negative territory. There was not a lot of movement in the markets for most of the week, as the major indices traded on a mix of news including same store sales, record highs in oil, flight cancellations from major airlines, and disappointing first quarter results from Alcoa (AA). The markets tumbled on Friday on General Electric's (GE) disappointing earnings.

  • Are Hank and Ben Gonna Address Inflation? Friday, 11 Apr 2008 | 12:55 PM ET

    G7 finance ministers are meeting in Washington this weekend to discuss the sub-prime credit mess and ways to coordinate measures aimed at backstopping the world financial system against various credit strains and systemic risks.

  • Dollar Must Fall Further: Economic Bureau's Feldstein Friday, 11 Apr 2008 | 11:59 AM ET

    Intervention to prop up the U.S. dollar would be wrong because the greenback must depreciate further, Martin Feldstein, president of the U.S.-based National Bureau of Economic Research, was quoted as saying on Friday.

  • Dollar Slides Against Yen Over Fears on US Economy Friday, 11 Apr 2008 | 10:14 AM ET
    Exchanging Dollars and Euros

    The yen rose broadly after a fall in industrial conglomerate General Electric's quarterly earnings stoked fears about the health of the US economy, causing investors to dump riskier trades.

  • Dollar Trims Losses vs. Euro on Trichet's Remarks Thursday, 10 Apr 2008 | 10:30 AM ET
    Dollar and Euro

    The dollar fell to a record low against the euro Thursday, but pared losses as European Central Bank President Jean-Claude Trichet did not drastically change his growth and inflation views for the euro zone.

  • Fed Bashed, ECB Spared in Finger-Pointing Match Thursday, 10 Apr 2008 | 3:55 AM ET

    Wall Street banks are the first to be blamed for the credit crunch. Central banks come a close second, but as the Federal Reserve's image is suffering, the European Central Bank looks as solid as a rock.

  • Dollar Dips vs. Euro, Yen on Gloomy US Outlook Wednesday, 9 Apr 2008 | 12:02 PM ET

    The dollar extended its fall against the yen Wednesday, dropping to session lows as U.S. stocks deepened losses after a surge in oil prices.

  • Cut Rates? The ECB Won't Hear of It Wednesday, 9 Apr 2008 | 7:43 AM ET

    The European Central Bank's mission to fight inflation prevents it from worrying about economic weakness. But an abrupt slowdown could anger politicians and endanger the central bank's very mandate.