The Federal Reserve agreed to slow down the pace of a $1.25 trillion program to buy mortgage securities, according to minutes from the FOMC meeting. Clem Chambers, CEO of ADVFN and Charles Crane, managing director at Douglass Winthrop Advisors discussed their views on the minutes of the Fed meeting. Read More
The global recovery is being led by countries outside of the United States, and investors should look to multinational corporations to protect themselves against the weakening dollar, said David Darst of Morgan Stanley Smith Barney. Read More
Team Obama is in economic trouble on two fronts right now: The dollar could be headed toward its demise while the jobs and unemployment numbers have gotten worse. Read More
The Greenback has seen its share of red arrows in recent days. Prior to today's gain, the dollar has been mired in a four day losing streak. Its recent setback was one the catalysts that drove gold to a new nominal record this week. Read More