Category: US Dollar

Yuan proves to be a bulwark against strong US dollar in Asia

Yuan proves to be a bulwark against strong US dollar in Asia

South China Morning Post (subscription) – 14 hours ago

A stronger US dollar has historically caused fund managers to flee emerging-market assets but Asia seems to be bucking the trend this time, largely because of the yuan.

Chinese Yuan Advances To 1-week High Against US Dollar – London South East

The Shale Revolution Is Changing How We Think About Oil And The Dollar

The Shale Revolution Is Changing How We Think About Oil And The Dollar

Business Insider – Oct 8, 2014

"From the early 2000's to the global financial crisis, increasing oil imports saw a widening US current account deficit, which put depreciation pressure on the dollar (appreciation pressure on oil producers currencies), which in turn put further …

Another reason for a staycation: Sinking dollar will bite

Another reason for a staycation: Sinking dollar will bite

The Globe and Mail – Oct 8, 2014

The Canadian dollar's descent to five-year lows in early October reminds us that a weak currency has its price. Everything we import from the United States costs more, although intense competition among retailers may limit the impact for a while at least.