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Why does the EU want U.S. dollars?

Dec 2, 2011
Marketplace Money Senior Producer Paddy Hirsch explains why Europe needs dollars instead of euros as the EU tries to sort out its financial problems.
Europe needs U.S. dollars. Marketplace Money Senior Producer Paddy Hirsch tells us why in our latest Whiteboard explainer.
Angela Kim/Marketplace

Super committee fails, but U.S. investment still best option

Nov 22, 2011
Credit ratings agencies don't seem to be phased by the super committee failure, in large part because the U.S. dollar and bond markets are still strong compared to Europe and China.

Video: Barry Eichengreen on the Post-Dollar World

Mar 23, 2011
As the artist formerly known as Puff Daddy rapped, it's all about the Benjamins. That's $100 bills, and there are more of them in circulation...

Beware the carry trade!

Aug 6, 2010
With interest rates in the U.S. at historic lows, some economists are worried that Americans involved in the carry trade could drive down the value of the dollar. Senior Editor Paddy Hirsch explains how the carry trade works, and why some people are worried about its return to the markets.
Whiteboard carry trade
Marketplace