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  • Dollar Tumbles After Fed's Emergency Action Monday, 17 Mar 2008 | 1:06 PM ET

    The dollar tumbled to a 12-1/2 year low against the Japanese yen on Monday and record levels against the euro and the Swiss franc as emergency liquidity-boosting measures by the Federal Reserve over the weekend failed to ease worries about the U.S. financial sector.

  • For the week ending Friday, March 14, 2008 the US Markets ended mixed.  Market moving events include the Fed's $200B expansion of its securities lending program and the Bear Stearns bailout, amongst others leading to extreme market volatility.  The Dow gained 417 points on Tuesday, only to lose the majority of its gains to close up only 0.48% for the week.  The VIX crossed 30 for the first time since January. Next week, the markets will watch for the the FOMC announcement on interest rates Tuesday, the Visa IPO on Wednesday, and a slew of brokerage earnings including Goldman Sachs, Lehman Brothers, Morgan Stanley and possibly Bear Stearns.

  • Dollar Intervention Not Likely Friday, 14 Mar 2008 | 12:54 PM ET

    New talk from the Bush Administration about wanting a strong dollar, has fueled speculation that Washington will intervene in the markets to support the U.S. currency, but analysts say such a move is both unlikely and impractical at this time.

  • Dollar Tumbles Broadly on Bear Stearns Cash Squeeze Friday, 14 Mar 2008 | 12:19 PM ET

    The dollar fell below 100 yen for the second straight day and hit a record low against the euro after Bear Stearns said a worsening cash position had forced the Wall Street firm to secure emergency financing.

  • Dollar Falls Below 100 Yen, Hits Record Low vs. Euro Thursday, 13 Mar 2008 | 12:35 PM ET

    The dollar plunged below 100 yen Thursday for the first time in more than a decade and hit a record low against the euro as worries deepened on Wall Street that the United States had entered a recession.

  • What Subprime Crisis? Thursday, 13 Mar 2008 | 10:25 AM ET

    We've interviewed a dozen property investors at this year's MIPIM and I can't help wondering if we're really getting the full story.

  • Euro Hits Record vs Dollar as Fed Euphoria Fades Wednesday, 12 Mar 2008 | 12:28 PM ET

    The dollar tumbled to a record low against the euro Wednesday as doubts grew about the long-term impact of recent Federal Reserve efforts to pump money into cash-starved credit markets.

  • Feast and Famine Wednesday, 12 Mar 2008 | 7:52 AM ET

    The latest sovereign wealth fund move underlines hemes at this year's MIPIM: where do the value opportunities lie a year after the credit crunch started to take hold, and who will emerge as the new dominant players?

  • Dollar Rebounds on Central Bank Moves Tuesday, 11 Mar 2008 | 12:12 PM ET
    Dollar Bill

    The dollar rose sharply Tuesday after the Federal Reserve announced new measures to inject liquidity into the financial system, easing concern about a deepening credit crisis and a U.S. recession.

  • As MIPIM Starts, Opportunity Lies East Tuesday, 11 Mar 2008 | 7:57 AM ET

    The 28,000 delegates can now start to discuss the real issue of the day. Who will throw the most fabulous party? And more importantly: how the devil are they making enough money to pay for it?

  • Dollar Falls vs Yen, steadies vs Euro on Trichet Monday, 10 Mar 2008 | 12:41 PM ET

    The dollar tumbled against the yen Monday as fears of a U.S. recession hit stock prices but steadied versus the euro after Europe's top monetary official said he was worried about recent exchange rate moves.

  • Storm Clouds, Not Just in Credit Markets Monday, 10 Mar 2008 | 8:38 AM ET

    We all expected the credit crunch to cast a shadow across the start of this year's MIPIM real-estate conference starting in Cannes tomorrow. But a literal storm was the immediate problem.

  • For the week ending Friday, March 07, 2008 the US Markets all ended the week down close to 3% or greater. The Dow closed below 12,000, the NASDAQ breached its 52-week low, and the S&P 500 closed below 1300 for the first time since September 11, 2006. In contrast commodities continue to hit new record highs, and the US dollar fell to record lows on a weak economy. Bernanke hinted at further rate cuts, the ECB held rates steady, and jobs unexpectedly fell, heightening fears that the US economy has hit a recession. Many economists are no longer questioning a recession, but how long it will last.Next week, the markets will watch for Retail Sales on Thursday and earnings from some of the smaller retailers, while inflation watchers await the CPI report on Friday, seen rising again in February. If consumer prices rise beyond comfort levels, the spectre of stagflation, price inflation amidst weak economic growth, will again rear its head.

  • Dollar Rebounds as Fed Liquidity Steps Eclipse Jobs Friday, 7 Mar 2008 | 10:44 AM ET

    The dollar rebounded from record lows triggered by a surprise contraction in U.S. payrolls for a second straight month as attention shifted to moves by the Federal Reserve to ease tight liquidity conditions.

  • The European Central Bank holds rates steady on Thursday and Bernanke suggests further rate cuts in the US, all sending the US dollar lower, and the euro and pound higher.  According to Reuters, Bernanke indicated in his testimony before congress that he was more concerned about US economic growth than inflation, which erodes confidence in US assets and the demand for dollars to buy them.

  • Fed's Rate Cuts May Do Long-Term Dollar Damage Thursday, 6 Mar 2008 | 12:12 PM ET

    By many measures, confidence in the dollar has never been lower, and some fear more Federal Reserve interest rate cuts will make matters worse by swelling inflation and undermining long-term U.S. economic health.

  • Is the Dollar Near the Bottom? Thursday, 6 Mar 2008 | 11:29 AM ET
    Euromuenzen liegen am Donnerstag, 20. September 2007, in Frankfurt am Main auf Dollarnoten, nachdem der Euro ein Allzeithoch von ueber 1,40 Dollar erreicht hatte. (AP Photo/Michael Probst) --- Euro coins are seen next to Dollar bills in Frankfurt, central Germany, Thursday, Sept. 20, 2007, after the Euro reached an all time high of more than 1,40 Dollar. (AP Photo/Michael Probst)

    The battered U.S. dollar may be near the bottom of its weakening cycle, but a recovery rally will take a while to materialize, because big uncertainties still hang over the U.S. economy, analysts told CNBC.com.

  • Dollar Deepens Losses on Housing Report Thursday, 6 Mar 2008 | 10:53 AM ET

    The dollar extended losses against the euro and the yen Thursday after U.S. pending home sales were unchanged in January, doing little to allay investor worries over the deteriorating U.S. economic outlook.

  • ECB, BOE Leave Rates on Hold to Fight Inflation Thursday, 6 Mar 2008 | 10:27 AM ET

    The ECB and the BOE left interest rates unchanged on Thursday, as fears of inflation outweighed worries that the U.S. economic woes may spread around the world.

  • Euro Strength Reduces ECB's Surplus Thursday, 6 Mar 2008 | 10:18 AM ET

    The European Central Bank's surplus fell to 286 million euros ($439 million) last year from 1.37 billion euros in 2006, because of the euro's strength, the bank said on Thursday.