british pound

The long term isn't looking good for the greenback: Central bank managers don't see it keeping its status as the world's reserve currency. The short term's not looking so hot for the U.S. economy either: Housing prices are down another 4% year over year, and confidence is falling.

Despite all the headwinds blowing against it -- and they're fierce -- the U.S. dollar has been holding its own against the world's major currencies. And if the U.S. recovery remains on track, the greenback has good odds of actually strengthening in 2011.

In Asia on Tuesday, Hong Kong's Hang Seng Index rose 0.1%, China's Shanghai Composite inched down 0.3%. and in Japan, the Nikkei 225 crept up 0.1%. Investors are closely monitoring the U.S. midterm elections, with many predicting that if the Democrats lose their majorities in both the House and the Senate, the dollar will continue to slide.

A surprising thing happened to me yesterday as I flew back to America from the airport in Berlin, Germany. I was given the option of receiving change back in Euros or American dollars. Faced with quickly deciding which currency would hold its value over the next few weeks, to my surprise, I found...

Before one starts composing a eulogy for the U.S. dollar, it pays to make two distinctions: 1) There's a difference between the dollar's decline and a collapse. 2) Any move away from the dollar as the world's reserve currency must include a credible replacement for it. True, the dollar on...

The signs of a U.S. and global recovery -- and a revived appetite for risk -- have weakened the dollar about three percent during the past two weeks versus the world's other major currencies. But now a U.S.-China trade spat threatens to reverse that trend. After the Obama administration slapped...

The dollar slid to a yearly low versus the euro and British pound Tuesday, as the new trading year began as institutional investors returned from summer vacations. Even so, the compelling question for foreign currency traders remains unresolved: will the dollar's slide continue? The dollar...

This year, like last, public policy makers once again warned of "impending disaster" for the U.S. dollar due to the record budget deficit. And once again, the reports of the dollar's demise were greatly exaggerated. The deficit was supposed to produce a mass exit out of the dollar amid concerns...

United States policy makers have added more than $12.8 trillion in credit market liquidity and stimulus to the financial system and the economy, prompting the dollar bears to yell, "the dollar must fall, big time." So far, however, the dollar bears have been a very small choir, or at least singing...

If the euro's rally against the dollar is in its last stage, it's an awfully long stage. The dollar's recent decline versus the world's other major currencies may strike the typical investor as somewhat of a paradox: the dollar strengthening in a U.S. recession, but weakening amid signs of a U.S....