Currency Trading & Investing News Blog

» Currencies: Dollar edges off 7-month high with Europe in focus

The dollar declines slightly as investors reconsider the impact of fiscal problems in some of Europe's smaller economies.

Posted: Mon, 08 Feb 2010 16:21:00 -0500

» Currencies: Dollar hits 8-month high after U.S. jobs report

The dollar gained amid discouraging signals in several European countries as well as a mixed U.S. jobs report for January.

Posted: Fri, 05 Feb 2010 15:25:00 -0500

» Currencies: Dollar up to 7-month high as risks seen in Europe

Currency traders bid the dollar mostly higher, amid concerns of a potential broadening of fiscal problems on the periphery of the euro zone.

Posted: Thu, 04 Feb 2010 14:49:00 -0500

» Currencies: Dollar nears 6-month high on U.S. job hopes

The dollar trades higher against major currencies Wednesday, heading back toward its highest levels since last summer versus the euro, after a pair of reports showed the U.S. private sector shed fewer jobs in January and that conditions in the nation's services sector improved modestly last month.

Posted: Wed, 03 Feb 2010 16:04:00 -0500

» Currencies: Dollar down as Greece, U.S. recovery fears subside

The U.S. dollar loses ground versus the European single currency as tensions surrounding Greece’s fiscal problems fade.

Posted: Tue, 02 Feb 2010 16:26:00 -0500

» Currencies: Dollar weighed by U.S. ISM data

The dollar had been lower versus the euro and a manufacturing gauge gained and fears about Greece receded.

Posted: Mon, 01 Feb 2010 16:25:00 -0500

» Currencies: Dollar reaches 6-month high after data

The dollar rises to a fresh six-month high, propelled by data showing the American economy grew at a faster-than-expected clip in the fourth quarter and consumer confidence rose.

Posted: Fri, 29 Jan 2010 15:42:00 -0500

» Currencies: Dollar gets lift on Fed view, Greece debt jitters

The dollar rises to the highest since July against the euro, as investors around the globe signal approval of the Federal Reserve's more upbeat outlook for the U.S. economy.

Posted: Thu, 28 Jan 2010 15:39:00 -0500

» Currencies: Dollar rises as Fed gives more upbeat outlook

The dollar's gains accelerate against major currencies after the Federal Reserve keeps interest rates near zero but issues a more upbeat assessment of the U.S. economy.

Posted: Wed, 27 Jan 2010 15:50:00 -0500

» Currencies: Dollar touches highest in more than a month

The U.S. dollar rises versus major counterparts, earlier touching the highest in more than a month, on news that China wants to rein in bank lending and that Japan's debt rating is in jeopardy.

Posted: Tue, 26 Jan 2010 15:29:00 -0500

» Dollar benefits as haven from sterling

The pound suffered after weekend polls suggested that the next UK general election would result in a hung parliament, boding ill for the widening budget deficit

Posted: Mon, 8 Feb 2010 22:23:25 +0000

» Traders make $8bn bet against euro

Data from the Chicago Mercantile Exchange show net short positions against the single currency rising from 39,500 contracts to 43,700 contracts, equivalent to $7.6bn

Posted: Mon, 8 Feb 2010 19:03:16 +0000

» Short View: Sterling under pressure

The pound is caught in global cross-currents, but its future direction may be in the hands of its own central bank and of the UK's voters, writes John Authers

Posted: Mon, 8 Feb 2010 19:00:08 +0000

» Could the ECB cut rates?

Steve Barrow, at Standard Bank says the prospect of a eurozone rate cut is slowly returning to investors' radar screens.

Posted: Mon, 8 Feb 2010 15:44:20 +0000

» Investors dazed by week of turmoil

In different times, this weekend's G7 meeting would have been an event to follow, but the market's wild ride means investors are only keeping half an eye on it

Posted: Fri, 5 Feb 2010 20:04:54 +0000

» Debt troubles hit central Europe

Central European currencies softened and stock markets dropped as the region's financial community reacted to the troubles of the debt-laden economies of Greece, Portugal and Spain

Posted: Fri, 5 Feb 2010 18:46:02 +0000

» Germany's industry-led recovery falters

Industrial production tumbles 2.6 per cent in December, according to official statistics, providing further evidence that growth in Europe's largest economy slowed significantly in the final quarter of 2009

Posted: Fri, 5 Feb 2010 15:03:13 +0000

» Price pressures on UK manufacturers rise

The cost of British products leaving the factory gate climbs slightly more than expected in January, but not by as much as the cost of goods that manufacturers need to produce them

Posted: Fri, 5 Feb 2010 10:45:03 +0000

» Euro falls to eight-month low against dollar

The euro drops to its lowest level in more than eight months against the dollar as ongoing concerns over the fiscal problems of countries on the periphery of the eurozone undermined the currency

Posted: Thu, 4 Feb 2010 22:32:15 +0000

» Gilt markets unruffled as QE suspended

The Bank of England has held interest rates at record lows but says it will not extend its £200bn-plus asset buying programme

Posted: Thu, 4 Feb 2010 20:14:06 +0000

» Trichet seeks to reassure on public finances

The European Central Bank president moved to boost confidence in eurozone public finances while keeping up pressure on southern members to bring deficits under control

Posted: Thu, 4 Feb 2010 19:49:44 +0000

» Improved US jobs data help lift dollar

The smallest fall in private sector employment for nearly two years provided support for the currency

Posted: Wed, 3 Feb 2010 23:12:33 +0000