dollar

Sterling fell against the dollar as Chancellor George Osborne announced the UK's fiscal austerity programme would be carried through to 2018.

The euro hit a four-month high today against the US dollar after German lawmakers said the country can now approve Europe's rescue fund.

The euro has hit a two-month high against the US dollar as the European Central Bank's bond-buying plans bolstered the single currency.

The US Republican party is reportedly to look at restoring the link between the dollar and gold as part of its platform for the 2012 elections.

Investment veteran Jim Rogers has spoken out against the US dollar, describing the perceived safe haven as "terribly flawed".

CURRENCIES

The euro has fallen below the $1.30 barrier against the dollar, as Sunday's European election hangover continues to unsettle investors.

HSBC's global research team has suggested US economic data is in ‘Death Valley': not weak enough to guarantee more quantitative easing but not strong enough to be self-sustaining.

The euro has reached an 11-year low against the yen and has fallen sharply against the US dollar as investors sold the single currency following S&P's mass eurozone downgrades last Friday.

Investors should ready themselves for a stronger gold price correction, said investment veteran Jim Rogers.