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Beijing and Riyadh will call the shots on ailing dollar's fut...

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Saved by 1 people (0 private), first by anonymouse user on 2008-05-11


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the US currency has started to strengthen - with the markets talking about a "turning point". On Wednesday, the dollar reached a six-week high against the European single currency, closing in on $1.53 - an improvement of more than 5 cents.

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freefall? That would plunge America beyond recession and into depression -

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But the situation is by no means stable. One reason is that the US has got by far the better end of the deal.

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