April 30, 2008

USD gains on euro in April

Story link: USD gains on euro in April

The US dollar gained slightly on the euro Wednesday morning in New York, putting it on track to its first monthly gain versus the euro this year.
The greenback was helped by the possibility that an expected rate cut from the Federal Reserve today will be the last cut for the time being.
At just past 11 […]

April 29, 2008

US dollar strengthens against euro

Story link: US dollar strengthens against euro

The US dollar gained on the euro on Tuesday as expectations grow that the US Federal Reserve will indicate that it is near the end of its series of interest rate cuts.
The greenback was also helped by new data from the Conference Board showing that US consumer confidence was down less than had been anticipated […]

April 28, 2008

US dollar little changed versus euro

Story link: US dollar little changed versus euro

The US dollar was little changed after early gains versus the euro on Monday morning in New York after last week’s gains on the belief that the US Federal Reserve is almost done cutting interest rates for the time being.
The euro was helped by gains in German consumer confidence and bought $1.5650 at nearly 11 […]

April 18, 2008

Carry trades weaken yen

Story link: Carry trades weaken yen

Optimism that the credit crisis is easing drove much of the movement in currencies markets on Friday as investors felt comfortable about re-entering risky carry trades, in which purchases of high-yielding currencies are funded by loans in lower-yielding currencies.
The yen, one of the most popular currencies for funding carry trades due to Japan’s 0.5 percent […]

April 17, 2008

Dollar gains on euro after Wednesday low

Story link: Dollar gains on euro after Wednesday low

The US dollar gained versus the euro on Thursday after the prime minister of Luxembourg said that the euro’s recent gains are not “desirable” and that he felt that comments about currencies that emerged from last weekend’s meeting of the G-7 nations had been misunderstood.
Gains for the dollar were limited, however, by the news that […]

April 16, 2008

Pound, US dodllar at new lows versus euro

Story link: Pound, US dodllar at new lows versus euro

Both the US dollar and the pound touched all-time lows versus the euro on Wednesday on reports that inflation in the Eurozone was up last month.
At 3.6 percent, Eurozone inflation was at its highest in nearly 16 years, decreasing the likelihood that the European Central Bank will cut interest rates and raising the possibility that […]

April 15, 2008

Data supports US dollar

Story link: Data supports US dollar

The US dollar was stronger versus the euro and the yen on the news that wholesale prices were up more than expected in the United States and on an unexpected expansion of manufacturing in the New York region in April, lowering the chances of a large interest rate cut from the Federal Reserve this month.
The […]

April 14, 2008

Dollar weakens; pound up on producer prices

Story link: Dollar weakens; pound up on producer prices

The US dollar was weaker versus the euro after earlier gains Monday while the pound saw gains on a report of higher producer prices in the UK.
The dollars declines came after a G-7 report that warned that fluctuations in exchange rates could hurt the global economy but did not mention any initiatives to support the […]

April 11, 2008

Euro supported by rate comments

Story link: Euro supported by rate comments

The euro gained on the US dollar and the pound on Friday after an official of the European Central Bank assured that interest rates would not drop in the Eurozone in comments ahead of a meeting to G7 finance ministers and central bankers in Washington, D. C.
In late morning trade in New York, the euro […]

April 10, 2008

Bank of England cuts interest rates

Story link: Bank of England cuts interest rates

The Bank of England cut interest rates by a quarter of a percentage point to 5 percent on Thursday while the European Central Bank held interest rates at 4 percent for the time being, sending the euro higher versus the US dollar and the pound higher in relation to the euro.
The pound gained on the […]

April 9, 2008

Consumer confidence report hurts pound

Story link: Consumer confidence report hurts pound

The pound weakened versus the euro on Wednesday after a consumer report issued by the Nationwide Building Society reported UK consumer confidence to be at its lowest ebb since May 2004.
At just past 11:30 a.m. in New York the pound traded at 80.05p to the euro, at 50.63p to the US dollar, and at 50.54p […]

April 8, 2008

Pound weaker on house price report

Story link: Pound weaker on house price report

The pound was weaker on Tuesday after a new report from mortgage lender Halifax showed that house prices fell by 2.5 percent in March.
The price declines made it more likely that the Bank of England will cut interest rates soon.
At around 11 a.m. in New York, the pound traded at 79.81p to the euro and […]

April 7, 2008

Yen, Swiss franc decline on risk appetite

Story link: Yen, Swiss franc decline on risk appetite

The yen and the Swiss franc both saw declines Monday as global equities markets rallied, encouraging investors to enter into risky carry trades in which they borrow money where interest rates are low in order to buy high-yield currencies.
At nearly noon in New York, the yen traded at ¥102.7200 to the US dollar, at ¥161.4757 […]

April 4, 2008

USD weakens on jobs data

Story link: USD weakens on jobs data

The US dollar was weaker versus the euro and the yen on Friday after the Labor Department reported that 80,000 jobs were lost in the United States in March, more than had been expected by analysts.
At just before noon in New York the dollar was trading at $1.5730 to the euro while it was at […]

April 3, 2008

Euro weakens versus USD, yen

Story link: Euro weakens versus USD, yen

The euro declined in relation to the US dollar and the yen on Thursday on a decline in retail sales in Europe, on more subprime writedowns, and on bets that the European Central Bank will cut interest rates sometime this year.
Retail sales were 0.5 percent lower in Europe in February, with German sales dropping 1.6 […]

April 2, 2008

Bernanke testimony sends dollar lower versus euro

Story link: Bernanke testimony sends dollar lower versus euro

The US dollar fell slightly in relation to the euro on Wednesday after early gains after a private report said that 8,000 new jobs were created in the United States in March.
The declines came after Federal Reserve Chairman Ben Bernanke said in testimony before the Congressional Joint Economic Committee that it is possible that the […]

April 1, 2008

USD gains on euro, yen, Swiss franc

Story link: USD gains on euro, yen, Swiss franc

The US dollar made gains versus the euro, the yen, and the Swiss franc on Tuesday after UBS (NYSE: UBS; SWX: UBSN; TYO: 8657) and Lehman Brothers (NYSE: LEH) said they would raise nearly $20 billion between them in new capital.
The dollar was helped versus the euro on reports that US manufacturing contracted less than […]


Daily World Currencies News from London		Friday 12th of March 2010
Major Currencies: GBP USD Euro Yen Other Currencies: Australian Dollar Canadian Dollar Czech Koruna Egyptian Pound Forint Israeli Shekel Krona Krone New Zealand Dollar Peso Rand Real Renminbi Rouble Rupee Singapore Dollar Slovak Koruna Swiss franc Turkish Lira Won Zloty	April 30, 2008 USD gains on euro in April Story link: USD gains on euro in April The US dollar gained slightly on the euro Wednesday morning in New York, putting it on track to its first monthly gain versus the euro this year. The greenback was helped by the possibility that an expected rate cut from the Federal Reserve today will be the last cut for the time being. At just past 11 […] April 29, 2008 US dollar strengthens against euro Story link: US dollar strengthens against euro The US dollar gained on the euro on Tuesday as expectations grow that the US Federal Reserve will indicate that it is near the end of its series of interest rate cuts. The greenback was also helped by new data from the Conference Board showing that US consumer confidence was down less than had been anticipated […] April 28, 2008 US dollar little changed versus euro Story link: US dollar little changed versus euro The US dollar was little changed after early gains versus the euro on Monday morning in New York after last week’s gains on the belief that the US Federal Reserve is almost done cutting interest rates for the time being. The euro was helped by gains in German consumer confidence and bought $1.5650 at nearly 11 […] April 18, 2008 Carry trades weaken yen Story link: Carry trades weaken yen Optimism that the credit crisis is easing drove much of the movement in currencies markets on Friday as investors felt comfortable about re-entering risky carry trades, in which purchases of high-yielding currencies are funded by loans in lower-yielding currencies. The yen, one of the most popular currencies for funding carry trades due to Japan’s 0.5 percent […] April 17, 2008 Dollar gains on euro after Wednesday low Story link: Dollar gains on euro after Wednesday low The US dollar gained versus the euro on Thursday after the prime minister of Luxembourg said that the euro’s recent gains are not “desirable” and that he felt that comments about currencies that emerged from last weekend’s meeting of the G-7 nations had been misunderstood. Gains for the dollar were limited, however, by the news that […] April 16, 2008 Pound, US dodllar at new lows versus euro Story link: Pound, US dodllar at new lows versus euro Both the US dollar and the pound touched all-time lows versus the euro on Wednesday on reports that inflation in the Eurozone was up last month. At 3.6 percent, Eurozone inflation was at its highest in nearly 16 years, decreasing the likelihood that the European Central Bank will cut interest rates and raising the possibility that […] April 15, 2008 Data supports US dollar Story link: Data supports US dollar The US dollar was stronger versus the euro and the yen on the news that wholesale prices were up more than expected in the United States and on an unexpected expansion of manufacturing in the New York region in April, lowering the chances of a large interest rate cut from the Federal Reserve this month. The […] April 14, 2008 Dollar weakens; pound up on producer prices Story link: Dollar weakens; pound up on producer prices The US dollar was weaker versus the euro after earlier gains Monday while the pound saw gains on a report of higher producer prices in the UK. The dollars declines came after a G-7 report that warned that fluctuations in exchange rates could hurt the global economy but did not mention any initiatives to support the […] April 11, 2008 Euro supported by rate comments Story link: Euro supported by rate comments The euro gained on the US dollar and the pound on Friday after an official of the European Central Bank assured that interest rates would not drop in the Eurozone in comments ahead of a meeting to G7 finance ministers and central bankers in Washington, D. C. In late morning trade in New York, the euro […] April 10, 2008 Bank of England cuts interest rates Story link: Bank of England cuts interest rates The Bank of England cut interest rates by a quarter of a percentage point to 5 percent on Thursday while the European Central Bank held interest rates at 4 percent for the time being, sending the euro higher versus the US dollar and the pound higher in relation to the euro. The pound gained on the […] April 9, 2008 Consumer confidence report hurts pound Story link: Consumer confidence report hurts pound The pound weakened versus the euro on Wednesday after a consumer report issued by the Nationwide Building Society reported UK consumer confidence to be at its lowest ebb since May 2004. At just past 11:30 a.m. in New York the pound traded at 80.05p to the euro, at 50.63p to the US dollar, and at 50.54p […] April 8, 2008 Pound weaker on house price report Story link: Pound weaker on house price report The pound was weaker on Tuesday after a new report from mortgage lender Halifax showed that house prices fell by 2.5 percent in March. The price declines made it more likely that the Bank of England will cut interest rates soon. At around 11 a.m. in New York, the pound traded at 79.81p to the euro and […] April 7, 2008 Yen, Swiss franc decline on risk appetite Story link: Yen, Swiss franc decline on risk appetite The yen and the Swiss franc both saw declines Monday as global equities markets rallied, encouraging investors to enter into risky carry trades in which they borrow money where interest rates are low in order to buy high-yield currencies. At nearly noon in New York, the yen traded at ¥102.7200 to the US dollar, at ¥161.4757 […] April 4, 2008 USD weakens on jobs data Story link: USD weakens on jobs data The US dollar was weaker versus the euro and the yen on Friday after the Labor Department reported that 80,000 jobs were lost in the United States in March, more than had been expected by analysts. At just before noon in New York the dollar was trading at $1.5730 to the euro while it was at […] April 3, 2008 Euro weakens versus USD, yen Story link: Euro weakens versus USD, yen The euro declined in relation to the US dollar and the yen on Thursday on a decline in retail sales in Europe, on more subprime writedowns, and on bets that the European Central Bank will cut interest rates sometime this year. Retail sales were 0.5 percent lower in Europe in February, with German sales dropping 1.6 […] April 2, 2008 Bernanke testimony sends dollar lower versus euro Story link: Bernanke testimony sends dollar lower versus euro The US dollar fell slightly in relation to the euro on Wednesday after early gains after a private report said that 8,000 new jobs were created in the United States in March. The declines came after Federal Reserve Chairman Ben Bernanke said in testimony before the Congressional Joint Economic Committee that it is possible that the […] April 1, 2008 USD gains on euro, yen, Swiss franc Story link: USD gains on euro, yen, Swiss franc The US dollar made gains versus the euro, the yen, and the Swiss franc on Tuesday after UBS (NYSE: UBS; SWX: UBSN; TYO: 8657) and Lehman Brothers (NYSE: LEH) said they would raise nearly $20 billion between them in new capital. The dollar was helped versus the euro on reports that US manufacturing contracted less than […]
Currency News © 2005-2008 Brite Media. All rights reserved \| About \| Disclaimer \| XML Feed \| Contact

Major Currencies:

Other Currencies: