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US Dollar news

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Hong Kong debates its currency's peg to the US dollar
The US dollar peg, which effectively ties Hong Kong to America's monetary policy, has helped the semi-autonomous territory navigate successfully through the Asian financial crisis, the outbreak of severe acute respiratory syndrome (Sars) and the ...
China and Japan Abandon US Dollar as a Means of Trade
Best Financial Markets Analysis Article In the next month China and Japan (China's main trading partner) will no longer use the U.S. dollar as the only currency in trade with each other. They will use the Yuan and the Yen directly with each other. This ...
Yuan-yen direct trading is a win-win game
Reasons Why the US Dollar is Really Rising
Best Financial Markets Analysis Article Keith Fitz-Gerald writes: By all accounts, the U.S. dollar should be the functional equivalent of a Zimbabwean bill.
Pound-dollar exchange rate hits holidaymakers heading to the U.S. this summer
... travelling to the US will still pay slightly less than in the UK for drinks like coffee and Coca-Cola and significantly less when shopping for designer clothes, toys and other retail items.
Philip Morris warns on strong US dollar
Philip Morris International, the world's largest tobacco company by revenues, said on Thursday that the strengthening US dollar will be a drag on its earnings this year. The US company that sells tobacco products overseas warned that foreign exchange ...
Philip Morris sees less profit as dollar gains  Reuters
Strong US dollar, stronger Philippine peso
The ongoing political uncertainty in the Eurozone, concerns of a Greek exit and escalating woes in Spain and Italy have pushed the US dollar up strongly last month. Moreover, the sell-off in the equities and commodities markets last month as economies ...
US Dollar Correlation to Dow Provides Safe Haven amidst Euro Crises
Ongoing European fiscal crises continue to affect the Euro and the safe-haven US Dollar (ticker: USDOLLAR) could benefit if the weekend's European summit produces further tensions.
How China Will Use the Yuan to End the US Dollar Standard
The goal is ending the US dollar standard. The tiny step China's regulators took last week should promote more liquidity in yuan denominated trading.
Govt bans quoting, selling in US Dollars, culprits to be jailed 10 years
Government has banned the quotation of prices for goods and services within the country in foreign currency. Deputy Minister of Justice, Elfridah Kansembe said no person shall quote, pay or demand to be paid or receive foreign currency as legal tender ...
Dollar Shortage Seen in $2 Trillion Gap Says Morgan Stanley
June 18 (Bloomberg) -- Central banks rebuilding foreign-exchange reserves at the fastest pace since 2004 are crowding out private investors seeking U.S. dollars, boosting demand even as the Federal Reserve considers printing more currency. After ...