In the United States we have a floating currency. The government cannot raise or lower the US Dollar exchange rate directly. It cannot raise or lower the conversion rate by decree, for example, by declaring that “As of noon tomorrow, all US banks will sell Euros or buy Japanese yen for exactly so many dollars and so many cents.” But the Federal Reserve can and does change the Funds rate. When they increase the rate, interest rates rise a bit all across the US banking system. This has the ripple effect of reducing the overall supply of dollars, which makes the US Dollar stronger against other world currencies. Having a low dollar to euro exchange rate, for example, may not be entirely a bad thing for all Americans. We know that it makes daily life expensive for American tourists in Paris or Rome who must convert dollars to euros before buying a croissant or getting opera tickets. But, a cheap dollar in Europe makes American cars more of a bargain for Europeans to buy. European companies might be more likely to choose an American consultant or software company, because the price in dollars is now very affordable in Germany or France. Currencies trading experts know that it's important to be following trends and staying alert for potential increases or decreases in the inflation rate and the shrinking or rising money supply.

US Dollar Falls Sharply Against Majors Amid Unemployment And Non-farm Payroll Reports

September 3, 2010 at 8:58 am • 

(RTTNews) - Following the release of the U.S. unemployment and non-farm payroll reports, the US dollar plunged sharply against major opponents in early New York trading on Friday.

Dollar rallies versus yen after US August jobs report

September 3, 2010 at 8:51 am • 

Dollar rallies versus yen after US August jobs report

US dollar ends cheaper against the rupee

September 3, 2010 at 8:41 am • 

Mumbai, Sep 3 (PTI) The US dollar ended cheaper against the Rupee at Rs 46.64/65 per dollar and the Pound Sterling also finished lower at Rs 71.85/87 per pound at the close of the Interbank Foreign Exchange Market (FOREX) here today.

US Dollar Slides To New Multi-year Low Versus South African Rand

September 3, 2010 at 10:29 am • 

(RTTNews) - The US dollar traded lower against the South African rand in New York morning trading on Friday. At about 8:35 am ET, the pair touched 7.1550, which may be compared to Thursday's closing value of 7.2372. This set a new multi-year low for the US currency.

FOREX-US dollar slides broadly on easing growth fears

September 2, 2010 at 7:18 pm • 

FOREX-US dollar slides broadly on easing growth fears

US dollar drops ahead of US jobs report

September 2, 2010 at 6:46 pm • 

NEW YORK: The US dollar slipped on Thursday against the euro and yen as investors braced for a highly anticipated monthly US jobs report.

US Dollar Forex Options Sentiment Points to Pullbacks

September 2, 2010 at 12:56 pm • 

Sharp US Dollar declines have been met with similarly noteworthy shifts in FX Options market sentiment, thwarting calls for USD rallies through short-term trade. In past weeks we wrote plainly in favor of Dollar strength on the combination of overextended futures positioning and sharp correction in FX Options risk reversals.

US Dollar Forecast Turns Bearish vs Euro, Japanese Yen

September 2, 2010 at 12:13 pm • 

EURUSD – Euro Forecast Turns Bullish Against US Dollar GBPUSD – British Pound Bias Calls for Weakness USDJPY – Japanese Yen Forecast to Gain Further USDCHF – Swiss Franc Likely to Strengthen against Dollar USDCAD – Canadian Dollar May Appreciate Against USD GBPJPY – British Pound Forecast to decline Against Japanese Yen View individual currency SSI charts in our FX Sentiment section Interested ...

Dollar, Gold and Oil Hold Key Levels as Stocks Rise Ahead of US Jobs Data

September 2, 2010 at 10:27 pm • 

The US Dollar, gold and crude oil positioning has remained unchanged despite continued gains on stock markets, reflecting lingering uncertainty in the risk sentiment landscape ahead of the upcoming US jobs report.

US Dollar Holds Range as Stocks Race Higher, Challenging Bulls' Conviction

September 1, 2010 at 9:06 pm • 

The US Dollar has kept to its recent range while gold and oil prices have also avoided direction-changing breakouts despite a sharp upswing in global stock prices, challenging the conviction behind the surge in risk appetite.