May 30, 2008

USD weaker versus euro, yen

Story link: USD weaker versus euro, yen

The US dollar declined in relation to the euro and the yen on Friday but was still headed for its second month in a row of advances versus both currencies on general sentiment that US economic conditions will get better from here on out.
In mid-afternoon trade in New York, the dollar traded at $1.5561 to […]

May 29, 2008

Dollar strengthens on economic growth

Story link: Dollar strengthens on economic growth

The US dollar strengthened Thursday after the Commerce Department reported that the US economy grew at an annual pace of 0.9 percent in the first quarter of the year, better than the earlier estimate of 0.6 percent growth.
At just past noon in New York, the dollar traded at $1.5508 to the euro while it took […]

May 28, 2008

Yen weakens on carry trades

Story link: Yen weakens on carry trades

The yen weakened in relation to the dollar, the euro and the Australian and New Zealand dollars on Wednesday, falling with declines in oil prices which made more investors comfortable with pursuing risky carry trades but tempering declines as the drop in oil prices slowed.
The greenback, meanwhile, was helped by a new report on durable […]

May 27, 2008

Yen weakens on gains in US equities

Story link: Yen weakens on gains in US equities

The yen declined versus several major currencies as a rise in US equities sent investors in search of more risky investments.
The US dollar, meanwhile, was helped by a Commerce Department report showing that new home sales in the US rose by 3.3 percent in April, led by a significant increase in sales in the Northeast […]

May 26, 2008

USD weaker versus euro, Australia and New Zealand dollars

Story link: USD weaker versus euro, Australia and New Zealand dollars

The US dollar declined on Monday in relation to the euro and the Australia and New Zealand dollars as markets in the US observed the Memorial Day holiday.
The greenback was hurt by anticipation of a report due Tuesday that is expected to show that home prices in 20 US metropolitan areas were down 14.2 percent […]

May 23, 2008

Existing home sales hurt US dollar

Story link: Existing home sales hurt US dollar

The US dollar weakened versus the euro, the yen, and the Swiss franc on Friday, hurt by continuing troubles in the housing market and by gains in oil prices.
The National Association of Realtors reported that sales of previously existing homes fell 1 percent in April, leaving inventories at a 23-year high.
At around noon in New […]

May 22, 2008

USD stronger on rate speculation, house prices

Story link: USD stronger on rate speculation, house prices

The US dollar strengthened versus the euro and the yen on Thursday on sentiment that the Federal Reserve will raise US interest rates before the end of the year after the minutes of the most recent meeting of the Fed, released yesterday, showed that the decision to cut rates at that meeting was a close […]

May 21, 2008

Euro stronger on German confidence

Story link: Euro stronger on German confidence

The euro gained on the US dollar Wednesday on gains in German business confidence this month.
The Ifo business confidence index was up to 103.5 in May, from 102.4 in April against an expected decline, contributing to the argument that the European Central Bank will not cut interest rates anytime soon.
Meanwhile, the dollar was hurt by […]

May 20, 2008

Oil prices send dollar lower again

Story link: Oil prices send dollar lower again

The US dollar weakened Tuesday in relation to the euro and other currencies on another surge in oil prices as crude oil reached a new record at $129.31 per barrel in New York.
In addition, the US Labor Department reported that producer prices were up 0.2 percent in April while core prices, excluding food and fuel, […]

May 19, 2008

Conference Board index helps USD

Story link: Conference Board index helps USD

The US dollar strengthened in relation to the euro and the yen Monday, overcoming earlier weakness stemming from worries about US consumer confidence.
Gains for the greenback came on strength in global equities markets and on a gain in leading US economic indicators after the Conference Board’s index of leading indicators added 0.1 percent in April […]

May 16, 2008

Consumer confidence, oil prices hit dollar

Story link: Consumer confidence, oil prices hit dollar

The US dollar was weaker versus the euro and the yen on Friday on a decline in US consumer confidence and another spike in crude oil prices.
The Reuters/University of Michigan survey on consumer confidence was at 59.5 in May, down from 62.6 in April, the lowest it has been in nearly 28 years.
Meanwhile, crude oil […]

May 15, 2008

Dollar declines versus yen

Story link: Dollar declines versus yen

The US dollar was weaker versus the yen and about the same versus the euro on Thursday on bad news about US manufacturing.
April production by factories, mines and utilities dropped by 0.7 percent in April while the New York Federal Reserve’s general economic index, which indicates manufacturing in that region, was at minus 3.2 in […]

May 13, 2008

Retail sales data helps dollar

Story link: Retail sales data helps dollar

The US dollar strengthened in relation to the euro and the yen on Tuesday on new retail sales data that showed sales excluding automobiles were up in April.
Without auto sales, retail sales in the US added 0.5 percent, more than had been expected.
Still, with auto sales included retail sales were down 0.2 percent in the […]

May 12, 2008

US dollar gains on yen

Story link: US dollar gains on yen

The US dollar was higher versus the yen on sentiment that the Federal Reserve will not cut interest rates at its next meeting, but the greenback lost ground to the euro at just past noon in New York.
It cost ¥103.66 to buy a dollar, while the euro traded at ¥160.68, also gaining on the Japanese […]

May 9, 2008

Yen, Swiss franc gain on risk aversion

Story link: Yen, Swiss franc gain on risk aversion

The yen strengthened Friday on declines in demand for carry trades as equities markets declined on new worries about losses related to the credit crisis.
At around 11:30 a.m. in New York the yen traded at ¥159.2379 to the euro and at ¥103.0900 to the US dollar.
Investor reluctance to enter into risky trades for high-yielding currencies […]

May 8, 2008

Euro, pound gain on greenback

Story link: Euro, pound gain on greenback

The euro and the pound both gained on the US dollar Thursday after the European Central Bank and the Bank of England each decided to keep interest rates on hold for the time being.
In the case of the ECB, rates were held at 4 percent, where they have been for nearly a year, while the […]

May 7, 2008

Dollar gains on productivity, prediction of rate hike

Story link: Dollar gains on productivity, prediction of rate hike

The US dollar gained on the euro and the yen Wednesday after the Labor Department reported that non-farm worker productivity was up in the first quarter and on comments from the president of the Kansas City Federal Reserve.
Non-farm productivity was up by 2.2 percent on an annualized basis in the first quarter even as worker […]

May 6, 2008

Dollar weaker versus euro, yen

Story link: Dollar weaker versus euro, yen

The US dollar weakened versus the yen and the euro after mortgage company Fannie Mae (NYSE: FNM) announced that it lost $2.19 billion in the first quarter and said that it expects losses next year to top this year’s.
The company also said it will slash its dividend, the second such announcement since December, and that […]

May 5, 2008

Euro gains on USD, pound

Story link: Euro gains on USD, pound

The euro strengthened versus the US dollar on Monday on the possibility that the European Central Bank will hold interest rates steady when it meets later in the week after the Bank’s president called the risk of inflation in the Eurozone significant.
The dollar’s decline, however, was moderated by new index readings from the Institute for […]

May 2, 2008

Jobs data helps US dollar

Story link: Jobs data helps US dollar

The US dollar gained on the euro again on Friday to bring this week’s advance against the shared currency to around 1.5 percent.
The greenback was helped by new data from the US Labor Department that showed only 20,000 jobs were lost in the US in April, many fewer than had been anticipated.
The dollar also gained […]


Daily World Currencies News from London		Friday 25th of July 2008
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	May 30, 2008 USD weaker versus euro, yen Story link: USD weaker versus euro, yen The US dollar declined in relation to the euro and the yen on Friday but was still headed for its second month in a row of advances versus both currencies on general sentiment that US economic conditions will get better from here on out. In mid-afternoon trade in New York, the dollar traded at $1.5561 to […] May 29, 2008 Dollar strengthens on economic growth Story link: Dollar strengthens on economic growth The US dollar strengthened Thursday after the Commerce Department reported that the US economy grew at an annual pace of 0.9 percent in the first quarter of the year, better than the earlier estimate of 0.6 percent growth. At just past noon in New York, the dollar traded at $1.5508 to the euro while it took […] May 28, 2008 Yen weakens on carry trades Story link: Yen weakens on carry trades The yen weakened in relation to the dollar, the euro and the Australian and New Zealand dollars on Wednesday, falling with declines in oil prices which made more investors comfortable with pursuing risky carry trades but tempering declines as the drop in oil prices slowed. The greenback, meanwhile, was helped by a new report on durable […] May 27, 2008 Yen weakens on gains in US equities Story link: Yen weakens on gains in US equities The yen declined versus several major currencies as a rise in US equities sent investors in search of more risky investments. The US dollar, meanwhile, was helped by a Commerce Department report showing that new home sales in the US rose by 3.3 percent in April, led by a significant increase in sales in the Northeast […] May 26, 2008 USD weaker versus euro, Australia and New Zealand dollars Story link: USD weaker versus euro, Australia and New Zealand dollars The US dollar declined on Monday in relation to the euro and the Australia and New Zealand dollars as markets in the US observed the Memorial Day holiday. The greenback was hurt by anticipation of a report due Tuesday that is expected to show that home prices in 20 US metropolitan areas were down 14.2 percent […] May 23, 2008 Existing home sales hurt US dollar Story link: Existing home sales hurt US dollar The US dollar weakened versus the euro, the yen, and the Swiss franc on Friday, hurt by continuing troubles in the housing market and by gains in oil prices. The National Association of Realtors reported that sales of previously existing homes fell 1 percent in April, leaving inventories at a 23-year high. At around noon in New […] May 22, 2008 USD stronger on rate speculation, house prices Story link: USD stronger on rate speculation, house prices The US dollar strengthened versus the euro and the yen on Thursday on sentiment that the Federal Reserve will raise US interest rates before the end of the year after the minutes of the most recent meeting of the Fed, released yesterday, showed that the decision to cut rates at that meeting was a close […] May 21, 2008 Euro stronger on German confidence Story link: Euro stronger on German confidence The euro gained on the US dollar Wednesday on gains in German business confidence this month. The Ifo business confidence index was up to 103.5 in May, from 102.4 in April against an expected decline, contributing to the argument that the European Central Bank will not cut interest rates anytime soon. Meanwhile, the dollar was hurt by […] May 20, 2008 Oil prices send dollar lower again Story link: Oil prices send dollar lower again The US dollar weakened Tuesday in relation to the euro and other currencies on another surge in oil prices as crude oil reached a new record at $129.31 per barrel in New York. In addition, the US Labor Department reported that producer prices were up 0.2 percent in April while core prices, excluding food and fuel, […] May 19, 2008 Conference Board index helps USD Story link: Conference Board index helps USD The US dollar strengthened in relation to the euro and the yen Monday, overcoming earlier weakness stemming from worries about US consumer confidence. Gains for the greenback came on strength in global equities markets and on a gain in leading US economic indicators after the Conference Board’s index of leading indicators added 0.1 percent in April […] May 16, 2008 Consumer confidence, oil prices hit dollar Story link: Consumer confidence, oil prices hit dollar The US dollar was weaker versus the euro and the yen on Friday on a decline in US consumer confidence and another spike in crude oil prices. The Reuters/University of Michigan survey on consumer confidence was at 59.5 in May, down from 62.6 in April, the lowest it has been in nearly 28 years. Meanwhile, crude oil […] May 15, 2008 Dollar declines versus yen Story link: Dollar declines versus yen The US dollar was weaker versus the yen and about the same versus the euro on Thursday on bad news about US manufacturing. April production by factories, mines and utilities dropped by 0.7 percent in April while the New York Federal Reserve’s general economic index, which indicates manufacturing in that region, was at minus 3.2 in […] May 13, 2008 Retail sales data helps dollar Story link: Retail sales data helps dollar The US dollar strengthened in relation to the euro and the yen on Tuesday on new retail sales data that showed sales excluding automobiles were up in April. Without auto sales, retail sales in the US added 0.5 percent, more than had been expected. Still, with auto sales included retail sales were down 0.2 percent in the […] May 12, 2008 US dollar gains on yen Story link: US dollar gains on yen The US dollar was higher versus the yen on sentiment that the Federal Reserve will not cut interest rates at its next meeting, but the greenback lost ground to the euro at just past noon in New York. It cost ¥103.66 to buy a dollar, while the euro traded at ¥160.68, also gaining on the Japanese […] May 9, 2008 Yen, Swiss franc gain on risk aversion Story link: Yen, Swiss franc gain on risk aversion The yen strengthened Friday on declines in demand for carry trades as equities markets declined on new worries about losses related to the credit crisis. At around 11:30 a.m. in New York the yen traded at ¥159.2379 to the euro and at ¥103.0900 to the US dollar. Investor reluctance to enter into risky trades for high-yielding currencies […] May 8, 2008 Euro, pound gain on greenback Story link: Euro, pound gain on greenback The euro and the pound both gained on the US dollar Thursday after the European Central Bank and the Bank of England each decided to keep interest rates on hold for the time being. In the case of the ECB, rates were held at 4 percent, where they have been for nearly a year, while the […] May 7, 2008 Dollar gains on productivity, prediction of rate hike Story link: Dollar gains on productivity, prediction of rate hike The US dollar gained on the euro and the yen Wednesday after the Labor Department reported that non-farm worker productivity was up in the first quarter and on comments from the president of the Kansas City Federal Reserve. Non-farm productivity was up by 2.2 percent on an annualized basis in the first quarter even as worker […] May 6, 2008 Dollar weaker versus euro, yen Story link: Dollar weaker versus euro, yen The US dollar weakened versus the yen and the euro after mortgage company Fannie Mae (NYSE: FNM) announced that it lost $2.19 billion in the first quarter and said that it expects losses next year to top this year’s. The company also said it will slash its dividend, the second such announcement since December, and that […] May 5, 2008 Euro gains on USD, pound Story link: Euro gains on USD, pound The euro strengthened versus the US dollar on Monday on the possibility that the European Central Bank will hold interest rates steady when it meets later in the week after the Bank’s president called the risk of inflation in the Eurozone significant. The dollar’s decline, however, was moderated by new index readings from the Institute for […] May 2, 2008 Jobs data helps US dollar Story link: Jobs data helps US dollar The US dollar gained on the euro again on Friday to bring this week’s advance against the shared currency to around 1.5 percent. The greenback was helped by new data from the US Labor Department that showed only 20,000 jobs were lost in the US in April, many fewer than had been anticipated. The dollar also gained […] Next Page »
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