Dollar slips on sign growth will slow by year end; investors await economic reportsSeptember 30th, 2009 Dollar slips against euro, pound on economic dataNEW YORK — The dollar slipped against the euro and the pound Wednesday on news the economy likely grew in the third quarter but should slow at the end of the year amid employment and credit worries. Meanwhile, a Midwestern manufacturing report came in weaker than expected.
Dollar edges higher against major currencies but remains near year lows ahead of G-20 meetingSeptember 21st, 2009 Dollar edges higher ahead of G-20 meetingNEW YORK — The dollar edged up against major currencies but remained near an annual low against the euro Monday as economic signals continue to point to a recovery and investors look forward to more hints about the economy at this week's G-20 meeting in Pittsburgh. The 16-nation euro slipped to $1.4677 in late afternoon trading from the $1.4720 it bought Friday.
Dollar inches up against major currencies but remains near year lows on economic recoverySeptember 18th, 2009 Dollar inches up but remains near year lowsNEW YORK — The dollar edged up against major currencies Friday but still remained near year lows as economic signals point to recovery. The 16-nation euro slipped to $1.4720 in late afternoon trading.
Dollar continues to slide to annual lows against the euro on evidence recession has endedSeptember 17th, 2009 Dollar continues fall to annual lows against euroNEW YORK — The dollar hit another annual low against the euro Thursday as strong economic data added to evidence the recession has ended, pushing traders to risker assets. Housing construction rose in August and fewer laid-off workers sought jobless aid last week.
Euro falls to $1.4337 in European morning trading; more economic signals point upwardAugust 28th, 2009 Euro falls to $1.4337 in European morning tradingFRANKFURT — The euro fell slightly against the dollar Friday as more economic signals continued to point upward. The 16-nation euro bought $1.4337 in European morning trading, compared with the $1.4371 late Thursday in New York.
Dollar rises against euro, pound as flat personal incomes raise doubts about economic recoveryAugust 28th, 2009 Dollar rises on concerns about economic recoveryNEW YORK — The dollar edged higher against the euro and the pound Friday after a report showing flat household incomes raised doubts about an economic recovery, driving investors into the relative safety of the currency. The 16-nation euro fell to $1.4287 in late trading Friday from $1.4371, while the British pound bought $1.6269, compared with $1.6285 late Thursday.
Euro higher at $1.4173 in European morning trade as investors await latest Fed statementAugust 11th, 2009 Euro higher at $1.4173 as Fed rate decision loomsFRANKFURT — The euro rose against the dollar Tuesday as investors awaited the outcome of a two-day monetary policy meeting at the U.S. Federal Reserve.
Euro slips off multi-month high against dollar in morning European trading, buys $1.4404August 4th, 2009 Euro slightly lower against dollarBERLIN — The euro took a breather against the dollar Tuesday, slipping back a little from gains it had made as economic optimism pushed down the U.S. currency. The British pound briefly hit a 10-month high.
Euro rises to $1.4295 in early European afternoon trading as world markets edge higherAugust 3rd, 2009 Euro at $1.4295 in European afternoon tradingFRANKFURT — The euro rose against the dollar Monday after recent reports out of the U.S. and China helped push equities and commodities higher.
Euro reaches 2009 high of $1.4303 in European morning trade as investors exit dollar safetyJuly 28th, 2009 Euro reaches 2009 high of $1.4303FRANKFURT — The euro rose Tuesday to its highest point this year against the dollar, as strong economic signals led investors to riskier trades in foreign markets and equities. The 16-nation euro rose to $1.4303 in European morning trading on Tuesday, up from the $1.4243 late Monday in New York, but settled back around $1.4260 by early afternoon.
Dollar falls on mixed economic reports as investors await employment data, ECB rate decisionJuly 1st, 2009 Dollar slips vs euro, pound on mixed economic dataNEW YORK — The dollar was lower against most major currencies Wednesday on mixed economic reports that showed more stable manufacturing activity and a rise in pending home sales. Investors were also awaiting data on unemployment for June to be released Thursday, as well as an interest rate decision by the European Central Bank.
Dollar climbs against euro, falls against pound as investors mull sharp rally in equitiesJune 8th, 2009 Dollar mixed as investors mull rally in equitiesNEW YORK — The dollar was mixed against major currencies Monday as investors assessed whether the sharp rally in equities over the last three months can continue through the summer. Stocks reversed steep losses in light trading Monday as concerns linger about the global economy.
Dollar gains as ECB, BofE leave interest rates unchangedJune 4th, 2009 Dollar gains as ECB, BofE leave rates unchangedNEW YORK — The dollar moved higher Thursday after the European Central Bank and Bank of England both left interest rates unchanged, as expected. The 16-nation euro dropped to $1.4128 in early New York trading from $1.4134 late Wednesday.
Dollar continues its plunge to multimonth lows against euro, pound on positive economic dataJune 1st, 2009 Dollar continues plunge against euro, poundNEW YORK — The dollar continued its plunge to multimonth lows against the euro and the pound Monday as better-than-expected readings on manufacturing, consumer spending and construction spending drove investors to riskier assets. The economic data suggested the economy's decline is moderating, but did not yet show a rebound.
US stocks slump over bleak corporate outlookDecember 29th, 2008 NEW YORK - US stocks fell, as a volatile year for the markets draws to a close, amid concerns over bleak corporate news and tensions in the Middle East and South Asia. A $17.4-billion deal between Kuwait's state-run Petrochemical Industries Co and Dow Chemical Co, the largest US chemical maker, fell through.
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