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| | | ... of greenbacks in the financial system is eroding its value. Because of this, there are now whispers that the mighty US dollar would eventually be replaced as the world's reserve currency. Remember that the paper dollar is only fiat money - it is accepted ... |
| | | | ... points, or 1.78 per cent, to 4,686.5. NEW YORK - US stocks touched new highs for the year during trade on Monday as the US dollar extended its slide, boosting prices for commodities including gold and oil. Energy and materials stocks led the market higher. ... |
| | | | ... time, no mas. If USA Inc needs more stimulation, all it can do now is issue more Treasuries - borrow more. But with the US dollar on a trend decline, foreign central banks might not be willing to invest their money in a 'dud' investment. Make it attractive ... |
| | | | ... demands of volatility trading," said Wilkinson. The Pengana Global Volatility Master fund posted a return net of fees in US dollar Class A Shares terms, of almost 9 per cent in a year to September. |
| | | | ... consecutive quarters of declines. The strong GDP report weakened demand for safe-havens like debt assets, and a drop in the US dollar pushed commodity prices higher, helping to lift materials and energy stocks. The Dow Jones industrial average gained ... |
| | | | ... outlook, the BoC is also worried about the negative economic impact of the Canadian dollar's sharp appreciation versus the US dollar in recent months. Like the Australian dollar, the Canadian currency has been boosted by the rally in commodity prices. ... |
| | | | ... fall on Wall Street on Monday caused nervousness among investors ahead of a slew of corporate results, while a stronger US dollar hit commodities firms. In Tokyo, shippers lost ground after reporting poor earnings, with Kawasaki Kisen and Nippon Yusen ... |
| | | | ... The Australian sharemarket is expected to open lower on Tuesday after Wall Street fell due to the impact of a stronger US dollar on multinational and resource companies. At 0721 AEDT on the Sydney Futures Exchange, the December share price index contract ... |
| | | | ... earnings reports. The retreat came as cautious forecasts from railroads stirred unease about the economy and a rising US dollar pushed prices of commodities lower, which hurt materials and energy stocks. Good news on the day failed to galvanise traders. ... |
| | | | ... market and commodity prices trading significantly higher," Ms Spencer said. "The copper price rose because of the weaker US dollar and supply disruptions, and that has flowed through our resource sector," she said. At 1200 AEDT, shares in mining giant ... |
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