Forex News | Foreign Exchange | Currency News | Forex Analysis | Foreign Exchange Analysis | Dollars Magazine Dollars Magazine – Forex and traders blog of dollars, forex, foreign exchange, fx, currency, forex news, foreign exchange news, fx news, currency news, forex analysis, foreign exchange analysis, fx analysis, currency analysis. Home About Contact us Site Map Dollar lower against Yen on concerns of recovery The dollar shed value to a month-low against the yen at the close of last week on concerns of global economic recovery. Dollar gains strength as market seeks safety net Data released Friday showed the U.S. consumer–considered key to an economic turnaround–remained stressed. The University of Michigan/Reuters consumer sentiment index’s preliminary reading for January edged up to only 72.8 from the final December reading of 72.5. Economists had expected sentiment to improve to 74.0. Positive Beige Book uplifts mood, markets Economic conditions have seen modest further improvement in recent weeks, according to the Federal Reserve’s Beige Book report released Wednesday afternoon, although the central bank noted that economic activity remains at a low level. Dollar falls againts Yen The dollar fell sharply against the yen Tuesday as investor demand for safe-haven assets and declining U.S. Treasury yields supported the Japanese currency. Gold rises as dollar stumbles in global market Gold futures remain sharply higher after hitting their highest level in a month Monday due to the U.S. dollar’s lowest level against the euro in three weeks,  as signs of improved Chinese oil demand and comments from a Federal Reserve official that U.S. interest rates would stay low pressured the dollar. Around 10:54 a.m. EST (1554 [...] Dollars takes a beating The U.S. dollar weakened on Monday while currencies of India, China, Brazil, and Euro gained strength as analysts across the globe predicted that the emerging economies will recover sooner than