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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 ...
My money is bigger than yours  The Economist
International Currencies: A Challenge to the US Dollar?
The US dollar appeared to offer a viable alternative to gold. With Britain at the forefront, various nations began stocking US dollars more than gold. National governments acquired dollars through purchases with their gold reserves, and gold flowed ...
Less bang for your buck: Britons hit by worst pound-dollar exchange rate this year
'However, our holiday costs barometer reveals that people 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.
Argentina loses a third of its dollar deposits
BUENOS AIRES, June 8 (Reuters) - Argentine banks have seen a third of their U.S. dollar deposits withdrawn since November as savers chase greenbacks in response to stiffening foreign exchange restrictions, local banking sources said on Friday.
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.
beyondbrics
That's the reaction in Hong Kong to the suggestion by Joseph Yam that the territory should consider breaking its currency's 28-year-old peg to the US dollar. Yam, who ran the Hong Kong Monetary Authority for 16 years until 2009, proposed in a paper on ...
Argentine government wants to regulate the black market for US dollars
Senator and former cabinet chief An�bal Fern�ndez said on Sunday that the Argentine government is planning, from the open of the black market on Monday, to put pressure on money exchange traders in order for the 'blue' dollar rate to not go over 5.10 ...
Is the Aussie Dollar Becoming a Safe-Haven Currency?
“But I don't think the Aussie is a safe haven in the traditional sense in the way that the Japanese yenand Swiss franc are, as Australia continues to sustain a sizeable current account deficit.
Key emails: how Barclays manipulated Libor
The requests to move Libor rates were frequently accepted by Barclays' submitters, who emailed responses such as this, written in response to a swaps trader's request for a high one-month and low three-month US Dollar Libor on March 16, 2006:.
Barclays Bank PLC Admits Misconduct Related to Submissions for the London ...  Federal Bureau of Investigation (press release)
Rate-rigging at Barclays was 'pervasive'  Financial Times
Euro Targets Lows as US Dollar, Volatility Surge Post Spain Bailout
Given this backdrop, we expect the safe-haven US Dollar to do well against the Euro, Australian Dollar, and other risky counterparts given strong forex correlations against bellwethers such as the US S&P 500, German DAX, and broader asset classes.