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Watching US Dollar
http://watchingusdollar.blogspot.com/
Keeping a watchful eye on the falling U.S. dollar.
Recent Posts
Central Banks Fleeing U.S. Dollar
Banks are fleeing the U.S. dollar at an unprecedented rate as 63 percent of new cash is going into the euro and yen rather than the dollar over the last three months.A decade ago the U.S. dollar accounted for about 66 percent of investment for the ne...
Jim Rogers: Bond Bubble Burst
Asia Intervenes - Props Up Dollar
Central banks in Asia moved into the currency markets in order to stop the strengthening of their currencies against the U.S. dollar in order to keep their manufacturing sector from faltering as their exports slow down. From the middle of 2005, China...
Jim Rogers: Dollar May Rally
While Jim Rogers has no faith in the U.S. dollar in the long term, and expects it to be replaced some time as the world's reserve currency, at the same time he's holding on to his dollars at this time because everyone understands the weakness and poo...
Dollar Index Slides to Lowest in 14 Months
The Dollar Index has fallen to its lowest level since August 2008, dropping to 75.767. The Dollar Index measures the U.S. dollar against the Canadian dollar, Swedish krona, Swiss franc, yen, pound and euro.Low interest rates and U.S. dollar value hav...
Collapsing US Dollar Driving Gold Prices
The continuing weakness and collapse of the U.S. dollar is driving gold prices as much as anything else, as in terms of the U.S. dollar, gold broke an all time record again, reaching $1,500 a troy ounce, as investors ignore the plunging jewelry deman...
