NewsCloud.com Currency News

Stocks Recovering as Oil Prices Fall - Dollar at Record Low

The dollar fell to a new record low against the Euro as investors worried that the American government has taken on an enormous share of the nation's financial risks.

RBS issues global stock and credit crash alert - Telegraph

The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.

Record-high euro makes European travel more expensive than ever

The dollar sank to new lows in Europe today against the euro, making a European trip even more expensive for American business travelers and vacationers.

New York Merchants Embrace Euro

With the dollar near its lowest rate ever against the euro and the numbers of international tourists in New York at all-time highs, some store owners figure accepting the euro offers a convenience to customers and sometimes generates a stockpile of a strong currency for themselves.

Dollar sinks to record low against euro

Americans are getting poorer: The euro hit $1.3682, shooting past its previous high of $1.3667 from December 2004, after the U.S. Commerce Department reported that economic growth slowed to a 1.3 percent annual rate in the first quarter, its weakest performance in four years.

Pound touches 14-year dollar high

America - you didn't want to actually ever be able to afford Europe again, did you? Thank Bush and the Iraq war. The pound has hit a 14-year high of $1.9938 against the dollar, with many experts believing it will rise above $2 in the next few days.

Would You Like That in Tens, Twenties or Normans?

Good article on alternative currency: The central purpose behind BerkShares is to strengthen the local economy, perhaps even inoculate it against the whims of globalization, by encouraging people to support local businesses. Amazon does not accept BerkShares, for example, but the Bookloft on Route 7 does.

The Future of the Dollar

I've expected a large drop in the dollar's value all year. 2006?