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Dollar under pressure

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Vietnam shares fall on devaluation move

Hanoi has devalued its currency by 5.4 per cent against the dollar and raised interest rates by a full percentage point in an effort to cut inflation and end weeks of damaging uncertainty which has seen ever increasing pressure on the currency

Short View: Dollar decline

Currency traders are asking a question: if the US Federal Reserve is not concerned about the dollar’s current levels, why should they be?, writes Jennifer Hughes

Russian talk weighs on greenback

US dollar index sank after Russia’s central bank said it was prepared to invest some of its foreign exchange reserves in the Canadian dollar

Dollar lurches to 15-month low

Global Markets Overview: Gold leapt to another high as the dollar tumbled below significant support levels to hit 15-month lows

US urges China to strengthen renminbi

Barack Obama has urged China to strengthen its currency as tensions over exchange rates and trade broke through a carefully-orchestrated show of co-operation between Washington and Beijing

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Currencies in context

The spotlight has been thrown on the dollar in the past week as it fell to a 14-month low against a basket of currencies and analysts have raised concerns about the potential erosion of America’s reserve currency status. Use our graphic to view the dollar within the framework of the current major trends in the currencies market

Currencies in context

Comment & Analysis

We must get ready for a weak-dollar world

Should governments manage the transition to a new era, or let the market do it, with the risk of massive financial disturbances. Soon they may not have a choice, writes Jeffrey Garten

Feeble dollar amplifies emerging market returns

Vast carry trade is raising fears of a sharp reversal for stocks, writes Gregory Meyer

Testing strength

European Central Bank president Jean-Claude Trichet is right to focus on exchange rate volatility, not absolute strength, as the main concern

Making the case for a weaker dollar

Imagine a world with a small current account deficit in the US, a somewhat larger deficit in the eurozone and a not too excessive Asian surplus. In the long run, such a world would require significant reform of the monetary system. But in the short term, a fall in the dollar would help, writes Wolfgang Münchau

Short View: Dollar carry trade

Aline van Duyn

Leverage is down, but a lack of leverage in markets does not mean there will be a lack of volatility, writes Aline van Duyn

Down but not out

Dollar

The dollar: Despite prevailing ‘declinism’, there is no evidence of a rout – though recent lows have highlighted fundamental questions about the US currency’s long-term prospects

The rumours of the dollar’s death are much exaggerated

Recent figures have proved that the dollar’s fall is a symptom of success, not of failure. All the same, the dollar-based global monetary system is defective. It would be good to start building alternative arrangements, writes Martin Wolf

How to avoid greenback grief

America’s leaders should commit now and in detail to implement deficit reduction once the economy has strengthened. Vague promises will not work, says Roger Altman

More stories

Bernanke reassures markets on dollar

Outlook for inflation curbs dollar support

Dollar relapse pushes gold to new peak

Renminbi sparks strong views

Plea to reduce demand for dollar reserves

Geithner seeks to reassure on dollar

Dovish Fed keeps pressure on dollar

Dollar at crossroads ahead of policy meetings

US cheer weighs on dollar

Dollar rises further on haven demand

Dollar wobbles after Chinese comments

Bleak week for spurned dollar

Dollar drops through $1.50 against euro

Short View: Brazil boosts the dollar

Dollar hit on Fed’s signal of low rates

Japanese traders take record long dollar position

US mantra of strong dollar loses its value

Summers stresses US support for dollar

Growth optimism hits US dollar

Asia steps in to support dollar