The economy of the United States got a breather on Wednesday as the dollar rose against the Euro and the record low it had been setting the last few months.  Oil prices dropped, helping to boost the flagging currency, and a report of strong earning at Wells Fargo & Co. gave it an even larger [...]

The American dollar is managing to hold its own even after the governmental bailout of major mortgage lender Fannie Mae and Freddie Mac.  The two mortgage companies, like every other company in the United States, has been effected by the up and down yo-yoing of the economy, so much to the point that instead of [...]

It’s up.  It’s down.  It’s like a yo-yo and after being up for a few days, the American dollar once again fell.  This time the primary cause was the test-firing of nine missiles by Iran, causing the fall of the steep oil prices to come to a screeching halt.  The action taken by Iran has [...]

Federal Reserve Chairman Ben Bernanke announced that the Fed was keeping an eye on the financial markets after the dollar rebounded, thanks to a drop in the price of a barrel of oil.  He went on to soothe the worries of many people by adding that the central bank is prepared to extend emergency lending [...]

Even though oil prices are still erratic, the American dollar is up and being buoyed by the ups and down’s of the oil prices.  This has helped raise enthusiasm about the American economy and after last weeks positive job report that was issued, there is hope for the international economy all around.  Oil prices are [...]