The Dollar tends to gain as risk aversion rises because dollar-based investors repatriate money or look for safety in U.S. Treasury debt.
US factory activity plunged to a 26-year low last month boosted US and global recession fears. Analyst sa forex news :: view details »

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The Dollar recorded its biggest monthly gain against a basket of currencies in more than 17 years on Friday, boosted by month-end demand and concerns about a deteriorating global economy. The Yen pared most of its gains against the Dollar, but trade forex news :: view details »

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The Dollar rose against the Yen on Thursday, but was little changed against the Euro, after gains in world stock markets and an interest rate cut by the Federal Reserve on Wednesday helped ease the recent flight into the dollar. Adding to pressure o forex news :: view details »

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The Dollar posted a large fall on Wednesday, with the Federal Reserve delivering an interest-rate cut, easing investor concern about the world economy and reducing the need to repatriate Dollars from riskier markets.

The Federal Open Mark forex news :: view details »

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The Dollar surged to 2-year peaks versus a basket of currencies on Friday as some economic data from Europe reinforced fears of a global recession, adding to a selling on world stock markets. The Yen rose to multiyear highs versus the Dollar and Eur forex news :: view details »

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The Dollar was lower on Thursday, after earlier climbing to a fresh two-year high against the Euro and a basket of currencies, after aggressive Dollar selling by Brazil's central bank helped lend some
stability to emerging market currencies. E forex news :: view details »

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The Dollar climbed to a two-year high against the Euro and a five-year peak against Sterling on Bank of England Governor Mervyn King remarks on Tuesday that the British economy was probably entering its first recession in 16 years.

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The Dollar climbed to its highest since February 2007 against a basket of currencies on Tuesday as investors bet that interest rates outside the United States will fall sharply to shore up global growth.

Concerns over the global econo forex news :: view details »

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The Dollar rallied on Monday despite an improvement in risk appetite and a drop in interbank lending rates as companies bought the US currency to meet their operational needs. London interbank offered
rates for overnight dollars falling to a forex news :: view details »

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Global financial distress and economic weakness beyond the United States persisted, giving the greenback a safe-haven bid.

Weakness in the US stock market has once again supported the Yen versus the Dollar, Euro and other high-yielding cu forex news :: view details »

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The Dollar raised against Yen on Thursday boosted by sharp gains in US stocks as risk aversion slowed after worldwide measures to help ease the global credit crisis. The yen tends to rise in times of increased risk aversion as investors unwound risk forex news :: view details »

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The Dollar rose against the Euro on Wednesday, while the Yen gained against majors on renewed concerns the US government's $250bio proposed injection into troubled banks may have little effect on financial sector recovery. The low-yielding Yen ralli forex news :: view details »

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