Euro breaks above $1.48 as dollar falls to year lows ahead of G-20 summit this weekendSeptember 22nd, 2009 Euro breaks above $1.48; dollar at year lowsNEW YORK — The dollar sank to its lowest point in a year Tuesday against several currencies ahead of a meeting by of the Federal Reserve on interest rates and the Group of 20 summit in Pittsburgh this weekend. The 16-nation euro broke past $1.48 for the first time since September 2008, rising as high as $1.4821 before settling back to $1.4792 in late afternoon trading in New York.
Commodities rebound from prior day's losses as dollar weakens against other currenciesSeptember 22nd, 2009 Commodities bounce back as dollar weakensNEW YORK — A tumbling dollar has renewed demand for commodities. Gold and silver bounded higher, halting three straight days of declines, as the U.S.
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.
Commodities retreat as dollar gains ground against other currencies; gold stays above $1,000September 21st, 2009 Gold, silver, oil sell off as dollar risesNEW YORK — Gold and silver prices fell for a third straight trading day Monday as the dollar gained ground against other major currencies. The stronger dollar also sent crude prices sharply lower.
Dollar extends last week's gains ahead of Federal Reserve's two-day rate meetingAugust 10th, 2009 Dollar extends its gains ahead of Fed meetingNEW YORK —The dollar extended its gains Monday on the back of a fall in unemployment figures at the end of last week, as investors were cautious ahead of a two-day meeting of the Federal Reserve on interest rates. The dollar reversed what has been its recent trading pattern on Friday, surging higher alongside equities after a government report showed U.S.
US dollar mostly higher, gold falls in European morning tradingJuly 29th, 2009 US dollar mostly higher, gold falls in EuropeLONDON — The U.S. dollar was mostly higher against other major currencies in European trading Wednesday morning.
US dollar mostly higher, gold rises in European morning tradingJuly 23rd, 2009 US dollar mostly higher in European tradingLONDON — The U.S. dollar was mostly higher against other major currencies in European trading Thursday morning.
Dollar higher as Bernanke says Fed will be able to unwind stimulus to prevent inflationJuly 21st, 2009 Dollar edges up on Bernanke commentsNEW YORK — The dollar edged higher Tuesday after Federal Reserve Chairman Ben Bernanke assured investors that the central bank will be able to reel in its economic stimulus and prevent a flare up of inflation once a recovery is firmly rooted. The 16-nation euro slipped to $1.4195 from $1.4221 late Monday after trading near seven-month highs against the dollar as optimism about corporate earnings have fueled investors' appetite for risk.
US dollar mostly higher, gold down in European morning tradingJuly 10th, 2009 US dollar mostly higher, gold down in EuropeLONDON — The U.S. dollar was mostly higher against other major currencies in European trading Friday morning.
Dollar mixed against major currencies ahead of closely watched US data, ECB policy meetingJune 29th, 2009 Dollar mixed ahead of closely watched US dataNEW YORK — The dollar was mixed against major currencies Monday at the start of a week that features closely watched U.S. employment figures and the European Central Bank's monthly policy meeting.
Dollar slips ahead of Fed interest rate meeting as existing home sales rise less than expectedJune 23rd, 2009 Dollar slips ahead of Fed interest rate meetingNEW YORK — The dollar slipped Tuesday ahead of the Federal Reserve's meeting later this week, despite a report that showed a moderate improvement in home sales. The Fed is widely expected to keep its key interest rate near zero after its two-day meeting concludes, but investors are unsure how optimistic the policymakers will be in their economic assessment, and whether the central bank will consider raising rates later this year to curb inflation.
US dollar 3-month interbank lending rate edges higher as markets begin to price in Fed hikesJune 8th, 2009 Dollar 3-month interbank lending rate edges higherLONDON — The cost of three-month dollar loans between banks rose from record lows Monday amid growing expectations that the worst of the U.S. recession is over and that the U.S Federal Reserve may start to lift borrowing costs sooner rather than later.
Canada keeps interest rate at record low, warns of rising Canadian dollarJune 4th, 2009 Canada keeps interest rate at record lowTORONTO — Canada's central bank is keeping its trendsetting interest rate unchanged at a historic low of 0.25 percent and says the rise of the Canadian dollar is threatening the country's economic recovery. The Bank of Canada reiterated Thursday its conditional commitment to hold the rate at a record low through June 2010.
Gold prices drop 2 percent as dollar gains ground against other currenciesJune 3rd, 2009 Gold prices fall sharply as dollar reboundsNEW YORK — Gold prices have fallen sharply as the dollar rebounds against the euro and the British pound. The dollar's gains come ahead of Thursday's interest rate decisions from the European Central Bank and the Bank of England.
US dollar mostly higher, gold higher in European morning tradingApril 27th, 2009 US dollar mostly higher in EuropeLONDON — The U.S. dollar was mostly higher against other major currencies in European trading Friday morning.
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