U.S. Dollar

U.S. Dollar News

• Dollar Advances on Improving U.S. Outlook; Yen Weakens to Nine-Month Low

  Updated 16 minutes ago

  The dollar rose to a nine-month high against the yen before U.S. reports next week forecast to show growth in the world’s biggest economy is gathering pace while deflation persists in Japan.

• Canada Expansion Slows to 1.8% Annual Pace as Growth of Exports Moderates

  Updated 44 minutes ago

  Canada’s economic growth slowed in the fourth quarter as weaker foreign trade blunted gains in consumer spending and business investment.

• Brazil Real Drops on New Currency Measure to Tax Exporter Loans

  Updated 1 hour, 46 minutes ago

  Brazil’s real headed for its first weekly decline in three after the government unveiled another currency measure late yesterday to tax some foreign loans for exporters and Finance Minister Guido Mantega laid out plans to stem the currency’s gains.

• Canadian Dollar Gains Against Most Major Peers Before December GDP Report

  Updated 1 hour, 48 minutes ago

  Canada’s dollar appreciated versus most of its major peers and traded at almost a five-month high against its U.S. counterpart before a report that may show the world’s 10th-largest economy expanded last quarter.

• Nigeria’s Naira Weakens as Oil Industry Dollar Sales Decline

  Updated 2 hours, 16 minutes ago

  Nigeria’s naira weakened against the dollar, heading for a second straight weekly decline, as foreign-exchange sales by the oil industry slowed after the month end.

• Saudi Arabia May Widen Gap Between Light, Heavy Oil, Survey Says

  Updated 2 hours, 33 minutes ago

  The price difference between Saudi Arabia’s lightest and heaviest crude oils for buyers in Asia is set to rise to the biggest in six months.

• Korea National Oil Hires Six Banks for Sale of U.S. Dollar Bonds

  Korea National Oil Corp. hired Bank of America Corp., Barclays Plc, BNP Paribas SA, Deutsche Bank AG, HSBC Holdings Plc and KDB Asia Ltd. to sell U.S. dollar- denominated bonds, Lee Za Kang, the company’s Anyang, South Korea-based spokesman said by telephone today.

• Chinchilla Says Costa Rica Tax Plan Imperiled, Urges Drug Debate

  Costa Rican President Laura Chinchilla said her administration may not succeed in winning legislative approval of a tax system overhaul aimed at paring a deficit that has grown to more than 5 percent of gross domestic product.

• Jamaica Seeks Greek-Style Bailout to Boost Growth, Leader Says

  Jamaican Prime Minister Portia Simpson Miller said the Caribbean island would benefit from a Greek-style bailout as it negotiates a new loan agreement with the International Monetary Fund.

• Brazil Taxes Loans to Exporters in Effort to Stem Rally Amid Currency War

  Brazilian exporters will start paying a 6 percent tax on some foreign loans as the government tries to stem a rally in the real that Finance Minister Guido Mantega says is being fueled by a currency war.

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