Sterling gains on US dollar, euro
Story link: Sterling gains on US dollar, euro
The US dollar weakened against major currencies on Thursday as the Chicago Purchasing Manager’s Index fell below the threshold for expansion despite the expectation of some analysts that it would rise in November. The Chicago index was at 49.9 in November, after being at 53.5 in October. It remains to be seen whether […]
Sterling gains on US dollar, euro
Story link: Sterling gains on US dollar, euro
The US dollar weakened against major currencies on Thursday as the Chicago Purchasing Manager’s Index fell below the threshold for expansion despite the expectation of some analysts that it would rise in November. The Chicago index was at 49.9 in November, after being at 53.5 in October. It remains to be seen whether […]
Sterling stronger on data, utility bid
Story link: Sterling stronger on data, utility bid
The euro strengthened again on Tuesday, helped by new data that showed the money supply in the Eurozone growing at an annual rate of 8.5 percent in October, above the 4.5 percent reference rate set by the European Central Bank. Meanwhile, two more French officials added their voices to recent French declarations that the […]
Sterling stronger on data, utility bid
Story link: Sterling stronger on data, utility bid
The euro strengthened again on Tuesday, helped by new data that showed the money supply in the Eurozone growing at an annual rate of 8.5 percent in October, above the 4.5 percent reference rate set by the European Central Bank. Meanwhile, two more French officials added their voices to recent French declarations that the […]
Yen gains on US dollar
Story link: Yen gains on US dollar
The US dollar was weaker ahead of the Thanksgiving Day holiday amid slow trade and reports that the Council of Economic Advisors, made up of President George W. Bush’s economic advisors, have lowered their forecasts for growth of the US economy. The Council said that it made its growth revisions based on weakness in […]
Sterling, euro, yen all weaker
Story link: Sterling, euro, yen all weaker
The US dollar was weaker on Friday but higher over the week on rumors that a large hedge fund had to sell its dollar positions in order to pay for losses in the oil market after crude oil prices fell to their lowest levels in a year. The greenback, which was benefiting from the […]
Sterling stronger versus US dollar, euro
Story link: Sterling stronger versus US dollar, euro
Core consumer inflation was down in October, rising just 0.1 percent for a drop in the annual rate to 2.7 percent, down from 2.9 percent in September. Analysts said that while inflation is still higher than it should be, but that recent statements of concern by Federal Reserve officials seemed to be exaggerated considering […]
Yen gains against euro, greenback
Story link: Yen gains against euro, greenback
French prime minister Dominique de Villepin made remarks Tuesday that sent the euro down for a time before recovering later in the session. Mr de Villepin said that he believes that the European Central Bank cannot be allowed to be the sole determiner of exchange rates for the euro. The remarks, which came […]
Yen gains against euro, greenback
Story link: Yen gains against euro, greenback
French prime minister Dominique de Villepin made remarks Tuesday that sent the euro down for a time before recovering later in the session. Mr de Villepin said that he believes that the European Central Bank cannot be allowed to be the sole determiner of exchange rates for the euro. The remarks, which came […]
Lower metals prices hurt Aussie, Canadian dollar, Rand
Story link: Lower metals prices hurt Aussie, Canadian dollar, Rand
The Japanese yen weakened on Monday on fears that an expected interest rate hike could reverse that nation’s economic recovery. Analysts expect the rate to go up before the new fiscal year begins in April 2007, but both the policy chief of the ruling Liberal Democratic party and a former financial services minister have […]
Lower metals prices hurt Aussie, Canadian dollar, Rand
Story link: Lower metals prices hurt Aussie, Canadian dollar, Rand
The Japanese yen weakened on Monday on fears that an expected interest rate hike could reverse that nation’s economic recovery. Analysts expect the rate to go up before the new fiscal year begins in April 2007, but both the policy chief of the ruling Liberal Democratic party and a former financial services minister have […]
Euro adds 0.7 percent versus yen
Story link: Euro adds 0.7 percent versus yen
The US dollar lost value over the week as the governor of the People’s Bank of China said that his nation is looking to diversify its foreign exchange reserves. This, coupled with an announcement on state television in China that forex reserves there were above $1,000 billion for the first time in history and […]
US Dollar weaker on deficit data
Story link: US Dollar weaker on deficit data
As expected, the Bank of England’s Monetary Policy Committee raised interest rates by 25 basis points to 5 percent on Thursday, but the statement that accompanied announcement of the rate hike provided little guidance as to where rates will go in the future. The lack of information spurred a sell-off that sent sterling lower […]
US Dollar weaker on deficit data
Story link: US Dollar weaker on deficit data
As expected, the Bank of England’s Monetary Policy Committee raised interest rates by 25 basis points to 5 percent on Thursday, but the statement that accompanied announcement of the rate hike provided little guidance as to where rates will go in the future. The lack of information spurred a sell-off that sent sterling lower […]
Sterling flat ahead of rate decision
Story link: Sterling flat ahead of rate decision
The US dollar remained close to Tuesday’s levels on Wednesday in the wake of election results that put the Democratic Party in the majority in the United States House of Representatives. Control of the Senate still had not been decided on Wednesday morning due to at least one race, in Virginia, that was too […]
Sterling stronger on economic growth report
Story link: Sterling stronger on economic growth report
The US dollar was much weaker on Tuesday on comments from the president of the San Francisco Federal Reserve and the governor of the Bank of Japan that resulted in sell-offs. Just after midday in New York, the greenback was down 0.7 percent versus the euro to $1.2800, 0.8 percent lower against the Japanese […]
Sterling weakens on manufacturing data
Story link: Sterling weakens on manufacturing data
The US dollar was stronger on Monday ahead of Tuesday’s mid-term elections as it appeared that the Democratic party could take the majority from the Republicans in the House of Representatives or the Senate. Some analysts believe that the political stand-off that could follow such a development might benefit the dollar because President George […]
Sterling weakens on manufacturing data
Story link: Sterling weakens on manufacturing data
The US dollar was stronger on Monday ahead of Tuesday’s mid-term elections as it appeared that the Democratic party could take the majority from the Republicans in the House of Representatives or the Senate. Some analysts believe that the political stand-off that could follow such a development might benefit the dollar because President George […]
US dollar weakens versus yen
Story link: US dollar weakens versus yen
The euro benefited from Thursday’s decision by the European Central Bank’s comments that strongly signal that Eurozone interest rates will rise in December. The comments came as the Bank announced that it will leave rates at 3.25 percent this month. The ECB’s president said in the remarks that “strong vigilance” against interest rates […]
US dollar weakens versus yen
Story link: US dollar weakens versus yen
The euro benefited from Thursday’s decision by the European Central Bank’s comments that strongly signal that Eurozone interest rates will rise in December. The comments came as the Bank announced that it will leave rates at 3.25 percent this month. The ECB’s president said in the remarks that “strong vigilance” against interest rates […]
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-aud-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-brl-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-gbp-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-cad-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-inr-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-jpy-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-mxn-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-rub-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-zar-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-sek-small.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-chf-small.gif)