US Dollar up versus yen
Story link: US Dollar up versus yen
The US dollar was even versus the euro on Friday at $1.3170, while it added 0.2 percent against the Japanese yen to ¥118.60 even though core personal consumption expenditures were even in November. The Federal Reserve’s favorite way of measuring inflation had been expected to rise 0.1 percent. Some analysts felt that the […]
Sterling declines on current account data
Story link: Sterling declines on current account data
The Japanese yen dropped to ¥156.45 versus the euro on Thursday as traders reevaluated their expectations that the Bank of Japan will hike interest rates early in 2007. The questions about an upcoming rate hike have grown out of remarks issued with Tuesday’s decision by the Bank to hold interest rates at 0.25 percent. […]
Brokers for loans, insurance, and mortgages
Story link: Brokers for loans, insurance, and mortgages
Nowadays there are so many financial services companies offering such an array of different financial services products - from mortgages, loans, home insurance, payment protection, and more - that having a friendly broker to help you out can be a real bonus in making the right personal finance decisions.
Mortgages have especially diversified over the past […]
US Dollar falls versus European currencies
Story link: US Dollar falls versus European currencies
A new Ifo survey of business confidence in German sent the euro higher versus both the US dollar and the yen. The Ifo index was at 108.7 in December, up from 106.8 in November and despite a prediction that the December figures would be same as the previous month’s. Analysts said that they […]
US Dollar falls versus European currencies
Story link: US Dollar falls versus European currencies
A new Ifo survey of business confidence in German sent the euro higher versus both the US dollar and the yen. The Ifo index was at 108.7 in December, up from 106.8 in November and despite a prediction that the December figures would be same as the previous month’s. Analysts said that they […]
Thai baht falls after Bank action
Story link: Thai baht falls after Bank action
The US dollar strengthened Monday on profit-taking from both the euro and sterling. The greenback added 0.1 percent versus the euro to $1.3062, while it gained 0.4 percent to $1.9449 in relation to sterling. Analysts explained the moves as a result of traders abandoning short positions, wagers that the dollar would move lower. […]
Chinese currency gains after US remarks
Story link: Chinese currency gains after US remarks
The US dollar was stronger on Thursday as unemployment data was much better than expected. Initial figures showed that even though 304,000 people filed new jobless claims, new claims dropped by 20,000 last week. It was the second straight week of big declines, with the previous week seeing a drop of 34,000 in […]
US Dollar up on retail sales figures
Story link: US Dollar up on retail sales figures
The US dollar strengthened on Wednesday on the news that retail sales were up 1 percent in November. This was taken as a welcome sign that the US economy is not slowing as much as it has seemed from some recent data. It was also welcome news after comments from the Federal Reserve […]
US Dollar up on retail sales figures
Story link: US Dollar up on retail sales figures
The US dollar strengthened on Wednesday on the news that retail sales were up 1 percent in November. This was taken as a welcome sign that the US economy is not slowing as much as it has seemed from some recent data. It was also welcome news after comments from the Federal Reserve […]
Sterling stronger on new CPI data
Story link: Sterling stronger on new CPI data
The US dollar was lower on Tuesday ahead of the Federal Reserve’s latest decision on interest rates as new data showed the US trade deficit dropped to its lowest level in 14 months in October, to $58.9 billion. Traders were interested not so much in the Fed’s decision, which was widely expected to keep […]
US dollar, sterling see little movement
Story link: US dollar, sterling see little movement
The Japanese yen was weaker on Monday after Friday saw a bigger than anticipated downward revision of the growth of the economy in Japan in the third quarter. The revision caused some analysts to reduce the chances that the Bank of Japan will hike interest rates when it meets on December 19, although some […]
US dollar, sterling see little movement
Story link: US dollar, sterling see little movement
The Japanese yen was weaker on Monday after Friday saw a bigger than anticipated downward revision of the growth of the economy in Japan in the third quarter. The revision caused some analysts to reduce the chances that the Bank of Japan will hike interest rates when it meets on December 19, although some […]
Sterling weakens on retail sales data
Story link: Sterling weakens on retail sales data
The Japanese yen saw gains on Tuesday after comments from a board member of the Bank of Japan that indicated that interest rates in Japan could rise again soon. Atsushi Mizuno said it was incorrect to expect rates to remain where they are until all economic indicators were strong. This led some analysts […]
Sterling weakens on retail sales data
Story link: Sterling weakens on retail sales data
The Japanese yen saw gains on Tuesday after comments from a board member of the Bank of Japan that indicated that interest rates in Japan could rise again soon. Atsushi Mizuno said it was incorrect to expect rates to remain where they are until all economic indicators were strong. This led some analysts […]
Sterling strengthens over week
Story link: Sterling strengthens over week
The US dollar weakened significantly this week after new data showed that manufacturing contracted in November, raising the chances that the US Federal Reserve will cut interest rates. The recent declines began when several central banks, including in China, began talking about diversifying their currency reserves away from the dollar. Investors began to […]
Sterling strengthens over week
Story link: Sterling strengthens over week
The US dollar weakened significantly this week after new data showed that manufacturing contracted in November, raising the chances that the US Federal Reserve will cut interest rates. The recent declines began when several central banks, including in China, began talking about diversifying their currency reserves away from the dollar. Investors began to […]
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