Dollar falls versus euro, rises against pound as earnings season kicks off this weekOctober 12th, 2009 Dollar mixed as earnings season kicks offNEW YORK — The dollar was mixed Monday as investors looked ahead to third-quarter earnings reports for more clues on the state of the global economy. The 16-nation euro inched up to $1.4776 in late New York trading from the $1.4709 it bought late Friday.
Dollar climbs against euro, pound on corporate deals as markets await economic dataSeptember 30th, 2009 Dollar climbs as markets await economic dataNEW YORK — The dollar rose against the euro and the pound Monday as several corporate deals reassured investors about the economy, while markets await U.S. economic data and a key jobs report due later in the week.
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 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.
Oil climbs above $72 in Asia as US dollar falls, OPEC to keep output unchangedSeptember 9th, 2009 Oil climbs above $72 as US dollar slumpsSINGAPORE — Oil prices rose above $72 a barrel Thursday in Asia amid a slumping U.S. dollar and steady OPEC production levels.
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.
Dollar advances on strong economic data as investors anticipate annual summer slowdownAugust 26th, 2009 Dollar rises as markets anticipate annual slowdownNEW YORK — The dollar climbed Wednesday as investors weighed strong data for housing sales and factory orders and anticipated an annual summer slowdown of trading volumes and news flow. Meanwhile, German business confidence improved for a fifth consecutive month in August as Europe's largest economy showed signs of recovery from its deep downturn, a closely watched survey said.
Euro area contracted only 0.1 percent in Q2 after unexpected growth in Germany, FranceAugust 13th, 2009 Euro area economy contracted only 0.1 pct in Q2LONDON — The recession in the 16 countries that use the euro eased substantially between April and June after unexpected growth in Germany and France, the euro zone's two largest economies, official figures showed Thursday. The European Union's statistics office Eurostat revealed that the euro zone's gross domestic product fell by only 0.1 percent in the second quarter from the previous three month period.
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.
Dollar advances against major currencies ahead of G8 meeting as investors move to havensJuly 7th, 2009 Dollar advances vs euro, pound ahead of G8 summitNEW YORK — The dollar was firmer against most major currencies Tuesday as world leaders are expected to express support for a strong dollar at this week's Group of Eight summit in Italy. China, Russia and India have indicated that they want to see long-term changes in the international monetary system in the wake of the financial crisis, but have been careful to not push their desire for change too far in case the dollar slumps and the value of their large dollar-denominated investments plummet.
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.
US dollar down, gold up in European morning tradingJune 24th, 2009 US dollar down in EuropeLONDON — The U.S. dollar was down against other major currencies in European trading Tuesday morning.
Crude prices fall with more predictions of slow global economic reboundJune 23rd, 2009 Oil prices waver on dour economic outlookCOLUMBUS, Ohio — Crude prices wavered Tuesday with more stark predictions of a long and painful downturn for the global economy. Benchmark crude for August delivery rose 10 cents to $67.60 a barrel on the New York Mercantile Exchange.
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.
IMF warns euro zone to shrink 4.2 percent this year, more action needed to support E. EuropeApril 22nd, 2009 IMF says euro zone to shrink 4.2 percent this yearLONDON — The International Monetary Fund is warning that the countries using the euro currency will see their economies shrink 4.2 percent this year. It says next year will be tough as well but that the economy should start bouncing back sometime in 2010.