Euro fever sweeps through Scandinavia as currencies dive Source: Independent.co.uk
The Danish and Swedish governments have begun preparing the ground for referendums on joining the euro, as part of a huge political reversal across Europe's northern fringes in favour of the single currency.
Tibetan Monks May Hold Clue to Dollar's FutureSource: Bloomberg.com
Years ago, commentators began saying that Chinese monetary authorities would soon abandon the dollar for other currencies -- the euro, say. Such statements are based on the belief that the most important number in the world was the U.S.
Ditching the dollarSource: CNN
Despite calls from Iran and Venezuela - OPEC's steadfast bashers of the U.S. government - experts say there's little chance the cartel will shift from pricing oil in dollars to something like the euro. ...
The real story about the US dollar and goldSource: MoneyWeek
Think that gold will make its next dramatic move when the dollar weakens further? Think again. MoneyWeek reveals the true relationship between the US dollar and gold.
Asian currencies down against dollarSource: http://www.currency-dollar.info
12 Aug, 2007, 1118 hrs IST, AGENCIES
HONG KONG: Asian currencies ended the week mostly down against the dollar as continued concern about the US subprime mortgage market hit world stocks hard and worries reverberated across Asia.
Forex: Is the Fed's Beige Book Release Important?Source:
The Fed's Beige Book is called that because its cover used to be beige colored. But don't let its benign appearance fool you. This little report can pack a wallop with great information and potential surprises.
Japanese economy: is there any way to save the Yen?Source: MoneyWeek
Ben Bernanke once said he'd throw dollars from helicopters in the name of tackling deflation, whereas it seems the Japanese authorities' preferred strategy is leaving cash in public conveniences.
Can a dollar devaluation be avoided?Source: MoneyWeek
Recent days have seen the dollar sink further against both the euro and sterling. Meanwhile, America's trade deficit continues to grow. Is a balance of payments crisis on the cards?
China forces dollar into limelightSource: FT.com
US$ 1 trillion in reserves gives the PRC a tremendous ability to shape global economic policy, most immediately in varying the value of the USD itself.