When it comes to the decision of whether you should buy or sell dollars, it all boils down to how the economy is performing. A strong economy will attract investment from all over the world due to the perceived safety and the ability to achieve an acceptable rate of return on investment. Investors always seek out the highest yield that is predictable or "safe." Investment from abroad creates a strong capital account and a resulting high demand for dollars.
NEW YORK, Sept 30 - The U.S. dollar edged lower against the yen on Wednesday after an index of business activity in the U.S. Midwest area showed a surprise drop for September. The Institute for...
NEW YORK, Sept 30 - The dollar briefly extended losses against the yen on Wednesday after a report showed the U.S. economy lost higher-than-expected private sector jobs in September. Markets were expecting job losses of...
* Dollar hits lowest since January versus yen below 89 * Japan finmin says yen gain not abnormal, then backtracks * Dollar higher versus euro, basket of currencies (Adds quote, detail, updates prices) NEW YORK,...
* Yen hits 8-month high vs dollar, dollar/yen below 89 * Japan finmin says yen gain not abnormal, then backtracks * Dollar higher versus euro, basket of currencies (Recasts, adds quote, updates prices, changes byline)...
* Yen rallies broadly, hits 8-month high versus dollar * Japan finmin says yen gain not "abnormal", then backtracks * Euro shows little reaction to German election results (Adds comment, details, updates throughout; previous TOKYO)...
SINGAPORE, Sept 28 - The Indonesian rupiah and Philippine peso led a broad retreat in emerging Asian currencies on Monday as falling regional stocks prompted investors to cover their short dollar positions. The yen surged...
* U.S. stocks slide after poor U.S. economic data * Oil edges up, Iran tensions outweigh rising sentiment * Dollar hits 7-1/2-month low vs yen, falls against euro * Longer-dated bonds rise on rates view,...
* U.S. stocks slide after poor U.S. economic data * Dollar hits 7-1/2-month low vs yen, falls against euro * Longer-dated bonds rise on rates view, economic data (Updates with U.S. markets activity, changes byline,...
NEW YORK, Sept 25 - The dollar fell to a fresh 7-1/2-month low beneath 90 yen on Friday as repatriation flows and comments from a former Japanese finance official boosted the Japanese currency. The dollar...