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April 30, 2006

Can the dollar block survive another bout of dollar weakness?

In case you haven't noticed, the dollar is now closer to 1.30 (v. the euro) than 1.20 - or even 1.15.  Carry is no longer king.   There is talk of a "regime change" in the fx market.  Or at least an …

October 26, 2007

Financial Markets
Oil up, dollar down

Oil currently trades above $90. It currently takes more than 1.43 dollars to buy a euro.    The dollar isn’t just at a record low against the euro either.  It is weak against a host of curren…

April 17, 2008

Financial Markets
Surplus countries depreciating when they should be appreciating

Most Asian currencies have depreciated significantly against Europe since 2003. And don’t get me started about the Gulf. It remains wed to the depreciating dollar even as oil soars. Following the …

November 17, 2008

Financial Markets
The G-20 communique

The G-20’s communiqué offered a surprisingly robust work program for regulatory reform. MIT’s Simon Johnson even worries that it may be too robust – and push banks to scale back their lending in a …

January 14, 2011

Diplomacy and International Institutions
Friday File: Hu Is Coming

U.S. President Barack Obama meets China's President Hu Jintao in Seoul. (Jim Young/courtesy Reuters) Above the Fold. Chinese President Hu Jintao comes to Washington next week for his first visit …

U.S. President Barack Obama meets China’s President Hu Jintao in Seoul