The Fed chief's signal that he's done for now with lowering interest rates may help stabilize the dollar after 3.25 percentage points of rate cuts since September reduced returns on U.S. investments and demand for the currency.

The two-year long decline of the dollar finally comes to its end, Bloomberg’s enquiry into the international currency market suggests. Some reputable currency traders consider that the last two interest rate cuts in the USA (total 1.25 percent) were enough to stop the downward tendency of the dollar By the end of this year the dollar is supposed to gain about 5.4 percent (by $1.40) against the euro. In 2009, this figure is expected to be on the level of six percent (ˆ1 will be worth $1.32)

The dollar is expected to continue to rally through the end of 2007 as investors take profits on short dollar positions and close their books for the year.

Glenn Branney wasn't interested in the Macy's Thanksgiving Day parade, the Empire State Building or Central Park.

Waterford Wedgwood PLC, luxury tableware manufacturer, is cutting 1,400 jobs worldwide, even nearly half of workers at its flagship crystal plant in Ireland, in part because of the weak U.S. dollar.

At a summit of leaders from Organization of Petroleum Exporting Countries members in Riyadh, Saudi Arabia, Hugo Chavez and Mahmoud Ahmadinejad indicated the historic link between crude oil and the dollar should be severed. Pravda.Ru has interviewed two outstanding economic experts to find out more about the tendencies connected with present-day US dollar setback.

The future of the U.S. currency as the stronghold of the world economy continues to blacken. The issue of the ongoing weakening of the dollar became the main subject of discussion at the OPEC summit in Riyadh. The decrease of the dollar rate has already resulted in record-high prices on oil. In November of the current year oil prices have approached the ground-breaking level of $100 per barrel. The United States and China are world’s two major oil consumers. Both the USA and China are highly interested in dealing with only dollar prices on the market of oil

The big point is even when the dollar does recover the world will be different. Maybe we will still price oil in dollars but a lot more people around the world will think – and place their assets – in euros

The dollar keeps sinking amid near-global concerns about the future of the U.S. currency. Analysts forecast that the greenback will remain weak on the world market in November. The countries that depend on economic growth or an economic downturn of the United States have become more wary of inflation rates. The weaker dollar leads to devaluation of assets and lower industrial output. European countries whose currencies trade freely against the dollar are concerned about the rising euro – a tendency that has a negative impact on their exports

"If people would look at the strength of our economy, they'd realize why, you know, I believe that the dollar will be stronger," said Bush.