Lots of mea culpas this morning from business economists and media pundits who got the Reserve Bank rate decision horribly wrong yesterday, write Glenn Dyer and Bernard Keane.
US dollar
Doom-laden forecasts rejected by central banking heavy hitter
The tensions continue to go out of the tight conditions in global banking, especially in the eurozone.
Kohler: carried away in an Aussie dollar dance
Global hedge funds are starting to make big returns from borrowing in euros and investing in higher-yielding currencies such as the Australian dollar.
Europe crisis … time for conclusive action … or else
If you are travelling to Europe in the next month or two, take some US dollars, it could be the short-term currency of choice if the euro collapses.
Crikey Clarifier: Making sense of the dollar
The Australian dollar is the world’s fifth most traded currency and goes up and down, up and down.
Bartholomeusz: how high will the $A soar?
There’s a confluence of circumstances forcing the Australian dollar up into previously unexplored territory, the latest of which was the unexpectedly high inflation numbers for the June quarter.
The digital economy: trading coins for clicks
The future of money could be far less about dollars, superpowers or coinage if virtual currencies ever cross the line from virtual to real, writes Charis Palmer. Bitcoin electronic currencies says it is changing finance the same way the web changed publishing.
Don’t cheer the dollar — cheap holidays will come at a cost
Media and business commentators continue their infatuation with the unstoppable rise of the Australian dollar.
The nerves pushing gold higher
Investors are turning towards to gold in the hope that the yellow metal will maintain its purchasing power, even if paper currencies end up being seriously debased, writes Business Spectator’s Karen Maley.
Business As Usual: The game’s bonds, Greek bonds … price pressure here may push up rates …
Global markets are set to feel some real pressure tomorrow, Japan cooling, and why are bonds falling?
What’s to come: US strength in volatile times
Share market volumes are dominated by trading rather than long-term position taking, which means that we must get used to a roller-coaster ride, writes Robert Gottliebsen.
The $US100 bill, as designed by Coogi
The classic green US$100 bill has been given a colourful makeover in order to prevent counterfeit copies and not everyone is happy with the new “god damn child’s crayon scratch pad” design, as Gawker calls it.
Business As Usual: Macarthur Coal stands firm … recovery may be running out of steam … no commodity bubble in sight …
The Fed’s minutes reveal there are fears the recovery may run out of steam later in the year … commodity prices are rising and no, its not the bubble we saw two years ago … China’s economy will start slowing this year, while Greece is still a basket case …
PIIGS won’t fly, but they may float
Gulf States will be forming a common currency, breaking the formal and informal dollar pegs that have controlled the price of oil and kept the petro-dollar recycling mill operating, allowing the US to force its inflationary policies down the Arabs’ throats, writes David Hirst.
Inside Palin’s closed-door anti-abortion rally
Sarah Palin banned the media from a recent speech before a right-to-life group, but Politico snuck an operative in. Amongst the usual Bible-bashing and fist-pumping, she also floated an interesting conspiracy theory about the new design of US dollar coins.
Kohler: The disaster of a strong Aussie dollar
The rising Aussie dollar may be catastrophic for the manufacturing industry, writes Alan Kohler, and will seriously impact engineering and construction work. How will we cope?
In search of a new global currency
The dollar may be on the decline as the world’s standard currency, but replacing it is harder than it sounds: China’s renminbi, often touted as the natural successor, is out of contention so long as it’s pegged to the dollar. Could this be the euro’s moment to shine?
Aussie dollar may hit $US1.10
RBA chief Glenn Stevens and St George Bank’s chief economist both say the Australian dollar may hit parity with US currency as economic growth continues apace.
Spiralling dollar spells current account chaos
Standby for a good, old fashioned current account scare, as the Australian dollar continues to rise as it did last night in the wake of the Reserve Bank rate rise.
revealed 
The Middle East’s secret plan to bring down the dollar
Arab states, along with China, Japan, Russia and France, have been holding secret meetings to plot a move from doing oil deals in US dollars, instead moving to a mix of the yen, yuan, euro, gold and a new, unified Arab currency.
China to set the gold standard
China hold huge sway over the US dollar, but news from the Middle Kingdom is that they plan to break the dollar’s grip on world currency by diversifying into gold and making it the new global de facto currency.
The rise of the Renminbi?
While the dollar’s status as the major reserve currency will not vanish overnight, we can no longer take it for granted, says Nouriel Roubini.
$A top notch says New York mag
Australia has weathered the global financial crisis far better than its peers, says Manhattan magazine favoured by socialites.
