The Dollar Weakens May 19. Bloomberg reported that the Dollar fell against most of its major counterparts after three U.S. financial firms seeking to return government bailout money fueled speculation banks have sufficient cash, reducing demand for the safety of Dollar-based investments. Brazil and [Continue Reading]

Euro Declines as Economy Contracts Most in at Least 13 Years May 15 (Bloomberg) — The euro fell against the dollar and extended a weekly loss versus the yen as the economy of the 16- nation region contracted the most in at least 13 years, raising concern the pace of recovery will be slow. The [Continue Reading]