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US Dollar news

  
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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 ...
China and Japan begin direct currency trading  Aljazeera.com
Asian team-up: Japan and China launch yen-yuan trade  RT
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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.
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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.
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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 ...
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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.
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How China Will Use the Yuan to End the US Dollar Standard
We don't believe China is trying to position the yuan to replace the US dollar as the world's reserve currency. China is reluctant to open its capital account to foreigners and make the yuan freely convertible on international markets, because of the ...
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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 ...
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China Busy Signing Currency Deals
China took one more step last week towards internationalizing the yuan, ultimately leading to the day when the Chinese currency will be a substitute for the U.S. dollar in all of China's trade with other countries. Last Friday, China and Brazil agreed ...
China to create special currency test zone  Financial Times
Hong Kong Exchange Targets Dual-Currency Listings  Wall Street Journal (blog)
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Economist sees Canadian dollar sinking to 86� in 2013
"Our reasons for thinking so are the prospects of further declines in commodity prices and lower expectations for interest rate differentials between Canada and the US." Mr. Madani sees commodity prices sinking further, hit by the ongoing financial ...
Canadian Dollar Drops on Speculation Leaders Won't Solve Crisis  Bloomberg
Cash, perhaps, but cash in what currency?  Financial Post (blog)
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