August 28, 2008

Euro strengthens again

The euro strengthened versus the US dollar and the pound again on Thursday as crude oil prices continued to rise on worries about where Tropical Storm Gustav will go as it strengthened again to near-hurricane force.
Gains for the euro was also helped by speculation that the rising oil prices will fuel inflation and force the […]

August 25, 2008

Yen, Swiss franc advance on credit concerns

Story link: Yen, Swiss franc advance on credit concerns

The Japanese yen and the Swiss franc were both stronger Monday on another retreat from risky carry trades, in which purchases of higher-yielding currencies are financed with lower-yielding currencies such as the yen and the franc, as concerns about losses due to the credit crisis continue.
These worries were fed by the possibility that insurer American […]

August 22, 2008

Greenback gains on euro, yen

Story link: Greenback gains on euro, yen

The US dollar saw gains against the euro and the yen Friday, helped by comments from Federal Reserve Chairman Ben Bernanke that while it remains “uncertain” just what will happen with inflation in the US, declines in commodities prices, slower economic growth, and a stable dollar will likely limit inflation.
Another aid to the greenback was […]

August 19, 2008

Yen gains on euro, USD, pound

Story link: Yen gains on euro, USD, pound

The yen strengthened versus the euro, the US dollar, the pound and the Australian dollar Tuesday as investors backed away from purchases of higher-yield currencies financed with the low-yielding yen, but the US dollar gained on the euro, the pound and the South African rand after wholesale prices in the US were reported to […]

August 13, 2008

Yen stronger on flight from risk

Story link: Yen stronger on flight from risk

The Japanese yen strengthened Wednesday as demand of higher-yielding currencies declined as it looked like interest rates in places like Australia and New Zealand are set to decline after major declines in commodities prices.
Investors were also scared away from risky carry trades by new data showing that Japan could be about to enter a recession.
At […]

August 11, 2008

Eurozone rate speculation limits losses for euro

Story link: Eurozone rate speculation limits losses for euro

The euro was only slightly lower versus the US dollar in late morning trade in New York after it was reported that an official of the European Central Bank had said the Bank is still worried about inflation.
The reports raised sentiment that the ECB will hike interest rates again this year.
The euro was worth $1.4989 […]

August 8, 2008

Euro drops 3 percent versus USD this week

Story link: Euro drops 3 percent versus USD this week

The euro was on track to drop 3.1 percent versus the US dollar this week and it was down almost 2 percent on the session to $1.5042 to the shared currency on sentiment that the European Central Bank is not likely to raise Eurozone interest rates anytime soon.
The declines came after ECB president Jean-Claude Trichet […]

August 5, 2008

Greenback gains ahead of Fed decision

Story link: Greenback gains ahead of Fed decision

The US dollar was higher versus the euro and several other currencies Tuesday on predictions that while the Federal Reserve will leave interest rates unchanged in today’s meeting, it will also indicate that inflation is a threat and must be held back.
In addition, while the Institute for Supply Management’s non-manufacturing index remained below 50 […]

July 30, 2008

Jobs report helps greenback

Story link: Jobs report helps greenback

The US dollar strengthened again Wednesday after a private report showed that 9,000 new jobs were added in the United States in July, ahead of the official Labor Department report on jobs, which is due Friday.
The greenback was also helped by more declines in oil prices.
At around 11 a.m in New York, the dollar traded […]

July 29, 2008

USD strengthens on oil prices, consumer confidence

Story link: USD strengthens on oil prices, consumer confidence

The US dollar gained on the euro and the yen Tuesday as US consumer confidence grew and crude oil prices resumed their recent declines.
The Conference Board, an independent economic research organization, said its confidence index was up from 51 in June to 51.9 in July.
Meanwhile, the yen was hurt by gains in the unemployment rate […]

July 28, 2008

Dollar weaker on credit comments by Fed official

Story link: Dollar weaker on credit comments by Fed official

The US dollar weakened in relation to the euro and the yen Monday after comments from the president of the Minneapolis Fed in which he said that US credit problems are likely to get worse, and on speculation that house prices were down again when a new report on May’s numbers is released tomorrow.
A private […]

July 14, 2008

USD up on government help for Fannie, Freddie

Story link: USD up on government help for Fannie, Freddie

The US dollar gained ground on the euro Monday after the Federal Reserve gave troubled mortgage lenders Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) permission to borrow directly from the New York Fed and after US Treasury Secretary Henry Paulson asked Congress to grant the Treasury its consent to buy stakes in both […]

July 10, 2008

USD gains on pound, weakens versus euro

Story link: USD gains on pound, weakens versus euro

The US dollar weakened in relation to the euro on Thursday after seeing earlier gains against the shared currency on data showing that industrial production was down in both France and Italy in May.
The declines for the greenback came on fears of more losses in the financial sector on mixed signals about the health of […]

July 9, 2008

Dollar declines after Iran missile test

Story link: Dollar declines after Iran missile test

The US dollar weakened Wednesday after oil prices rose in the wake of reports that Iran has tested a missile said to be capable of reaching Israel and after new data showed that US oil inventories declined last week.
The test, which took place during war games at the mouth of the strategic Strait of […]

July 7, 2008

USD stronger on lower oil prices as G8 summit begins

Story link: USD stronger on lower oil prices as G8 summit begins

The US dollar strengthened in relation to the euro Monday as the Group of Eight summit began as guesses circulated that the US will use the meeting to try to find a way to stop the rise in crude oil prices, which were lower during the session on comments from Iran’s foreign minister but still […]

July 2, 2008

Jobs data hurts USD

Story link: Jobs data hurts USD

The US dollar saw declines after a private report showed more job losses in the US in June.
A private report from ADP Employer Services said that there were 79,000 fewer jobs in the US last month, a day ahead of the Labor Department’s employment report for the month.
The greenback was also hurt by predictions that […]

June 25, 2008

USD helped by oil prices before Fed rate decision

Story link: USD helped by oil prices before Fed rate decision

The US dollar was about even in relation to the euro and up slightly against the yen on Wednesday ahead of the latest decision on US interest rates by the Federal Reserve.
A decline in crude oil prices after gains in US inventories also helped the dollar, but a decline in new home sales in May […]

June 23, 2008

Pound weaker after house price report

Story link: Pound weaker after house price report

The pound weakened in relation to the US dollar and the euro on Monday in the wake of a report from online property search company Rightmove (LSE: RMV) that the average price for a home dropped 1.2 percent in May across the UK and was down 1.4 percent in London.
The news made it less […]

June 17, 2008

US housing starts data hurts dollar

Story link: US housing starts data hurts dollar

The US dollar was weaker again Tuesday, hurt by a new report from the Commerce Department showing that housing starts in the US were down in May, causing speculation that the Federal Reserve will not raise interest rates until the end of the year, if at all.
However, the euro was hurt as well, by a […]

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 […]

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Daily World Currencies News from London		Friday 21st of November 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	August 28, 2008 Euro strengthens again Story link: Euro strengthens again The euro strengthened versus the US dollar and the pound again on Thursday as crude oil prices continued to rise on worries about where Tropical Storm Gustav will go as it strengthened again to near-hurricane force. Gains for the euro was also helped by speculation that the rising oil prices will fuel inflation and force the […] August 25, 2008 Yen, Swiss franc advance on credit concerns Story link: Yen, Swiss franc advance on credit concerns The Japanese yen and the Swiss franc were both stronger Monday on another retreat from risky carry trades, in which purchases of higher-yielding currencies are financed with lower-yielding currencies such as the yen and the franc, as concerns about losses due to the credit crisis continue. These worries were fed by the possibility that insurer American […] August 22, 2008 Greenback gains on euro, yen Story link: Greenback gains on euro, yen The US dollar saw gains against the euro and the yen Friday, helped by comments from Federal Reserve Chairman Ben Bernanke that while it remains “uncertain” just what will happen with inflation in the US, declines in commodities prices, slower economic growth, and a stable dollar will likely limit inflation. Another aid to the greenback was […] August 19, 2008 Yen gains on euro, USD, pound Story link: Yen gains on euro, USD, pound The yen strengthened versus the euro, the US dollar, the pound and the Australian dollar Tuesday as investors backed away from purchases of higher-yield currencies financed with the low-yielding yen, but the US dollar gained on the euro, the pound and the South African rand after wholesale prices in the US were reported to […] August 13, 2008 Yen stronger on flight from risk Story link: Yen stronger on flight from risk The Japanese yen strengthened Wednesday as demand of higher-yielding currencies declined as it looked like interest rates in places like Australia and New Zealand are set to decline after major declines in commodities prices. Investors were also scared away from risky carry trades by new data showing that Japan could be about to enter a recession. At […] August 11, 2008 Eurozone rate speculation limits losses for euro Story link: Eurozone rate speculation limits losses for euro The euro was only slightly lower versus the US dollar in late morning trade in New York after it was reported that an official of the European Central Bank had said the Bank is still worried about inflation. The reports raised sentiment that the ECB will hike interest rates again this year. The euro was worth $1.4989 […] August 8, 2008 Euro drops 3 percent versus USD this week Story link: Euro drops 3 percent versus USD this week The euro was on track to drop 3.1 percent versus the US dollar this week and it was down almost 2 percent on the session to $1.5042 to the shared currency on sentiment that the European Central Bank is not likely to raise Eurozone interest rates anytime soon. The declines came after ECB president Jean-Claude Trichet […] August 5, 2008 Greenback gains ahead of Fed decision Story link: Greenback gains ahead of Fed decision The US dollar was higher versus the euro and several other currencies Tuesday on predictions that while the Federal Reserve will leave interest rates unchanged in today’s meeting, it will also indicate that inflation is a threat and must be held back. In addition, while the Institute for Supply Management’s non-manufacturing index remained below 50 […] July 30, 2008 Jobs report helps greenback Story link: Jobs report helps greenback The US dollar strengthened again Wednesday after a private report showed that 9,000 new jobs were added in the United States in July, ahead of the official Labor Department report on jobs, which is due Friday. The greenback was also helped by more declines in oil prices. At around 11 a.m in New York, the dollar traded […] July 29, 2008 USD strengthens on oil prices, consumer confidence Story link: USD strengthens on oil prices, consumer confidence The US dollar gained on the euro and the yen Tuesday as US consumer confidence grew and crude oil prices resumed their recent declines. The Conference Board, an independent economic research organization, said its confidence index was up from 51 in June to 51.9 in July. Meanwhile, the yen was hurt by gains in the unemployment rate […] July 28, 2008 Dollar weaker on credit comments by Fed official Story link: Dollar weaker on credit comments by Fed official The US dollar weakened in relation to the euro and the yen Monday after comments from the president of the Minneapolis Fed in which he said that US credit problems are likely to get worse, and on speculation that house prices were down again when a new report on May’s numbers is released tomorrow. A private […] July 14, 2008 USD up on government help for Fannie, Freddie Story link: USD up on government help for Fannie, Freddie The US dollar gained ground on the euro Monday after the Federal Reserve gave troubled mortgage lenders Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) permission to borrow directly from the New York Fed and after US Treasury Secretary Henry Paulson asked Congress to grant the Treasury its consent to buy stakes in both […] July 10, 2008 USD gains on pound, weakens versus euro Story link: USD gains on pound, weakens versus euro The US dollar weakened in relation to the euro on Thursday after seeing earlier gains against the shared currency on data showing that industrial production was down in both France and Italy in May. The declines for the greenback came on fears of more losses in the financial sector on mixed signals about the health of […] July 9, 2008 Dollar declines after Iran missile test Story link: Dollar declines after Iran missile test The US dollar weakened Wednesday after oil prices rose in the wake of reports that Iran has tested a missile said to be capable of reaching Israel and after new data showed that US oil inventories declined last week. The test, which took place during war games at the mouth of the strategic Strait of […] July 7, 2008 USD stronger on lower oil prices as G8 summit begins Story link: USD stronger on lower oil prices as G8 summit begins The US dollar strengthened in relation to the euro Monday as the Group of Eight summit began as guesses circulated that the US will use the meeting to try to find a way to stop the rise in crude oil prices, which were lower during the session on comments from Iran’s foreign minister but still […] July 2, 2008 Jobs data hurts USD Story link: Jobs data hurts USD The US dollar saw declines after a private report showed more job losses in the US in June. A private report from ADP Employer Services said that there were 79,000 fewer jobs in the US last month, a day ahead of the Labor Department’s employment report for the month. The greenback was also hurt by predictions that […] June 25, 2008 USD helped by oil prices before Fed rate decision Story link: USD helped by oil prices before Fed rate decision The US dollar was about even in relation to the euro and up slightly against the yen on Wednesday ahead of the latest decision on US interest rates by the Federal Reserve. A decline in crude oil prices after gains in US inventories also helped the dollar, but a decline in new home sales in May […] June 23, 2008 Pound weaker after house price report Story link: Pound weaker after house price report The pound weakened in relation to the US dollar and the euro on Monday in the wake of a report from online property search company Rightmove (LSE: RMV) that the average price for a home dropped 1.2 percent in May across the UK and was down 1.4 percent in London. The news made it less […] June 17, 2008 US housing starts data hurts dollar Story link: US housing starts data hurts dollar The US dollar was weaker again Tuesday, hurt by a new report from the Commerce Department showing that housing starts in the US were down in May, causing speculation that the Federal Reserve will not raise interest rates until the end of the year, if at all. However, the euro was hurt as well, by a […] 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 […] « Previous Page — Next Page »
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