Foreign Exchange News

CHICAGO (Dow Jones) - The dollar salvaged most of the previous day's sharp losses thanks to a report showing far fewer post-hurricane job cuts than expected, but the greenback ended flat to lower on the week against its chief rivals. A volatile week for the U.S. currency included a 16-month peak against the yen and the worst one-day percentage loss in three years against the euro. The euro s ...

CHICAGO (MarketWatch) - The dollar salvaged most of the previous day's sharp losses thanks to a report showing far fewer post-hurricane job cuts than expected, but the greenback ended flat to lower on the week against its chief rivals.   MARKETWATCH TOP NEWS Crude ends almost 7% lower for the week U.S. job growth healthy, excluding Katrina Security stocks rally on N.Y. sub ...

NEW YORK (Dow Jones) -- U.S. stocks ended higher Friday as a better-than- expected September jobs report underscored the resilience of the economy, but also stoked inflation and interest-rate worries that sent the market tumbling to a loss for the week The Dow Jones Industrial Average (DJI) was up 5.21 points at 10,292.31. On the week, the benchmark index fell 2.6%. The Nasdaq Composite Inde ...

NEW YORK (MarketWatch) -- U.S. stocks ended higher Friday as a better-than-expected September jobs report underscored the resilience of the economy, but also stoked inflation and interest-rate worries that sent the market tumbling to a loss for the week var gfEbInIframe = true; var gEbBAd = new Object(); gEbBAd.nFlightID = 88008; gEbBAd.nWidth = 300; gEbBAd.nHeight = 250; var gstrEbRandnum =  ...

NEW YORK (Dow Jones) -- U.S. stocks were little changed in late-day trading Friday as a better-than-expected September jobs report underscored the resilience of the economy, but stoked inflation and interest-rate worries that have put the market on a track for a weekly loss. The Dow Jones Industrial Average (DJI) was up 2 points at 10,289, off an intraday high of 10,347.30. On the week, the ben ...

Inflation watch Another top Federal Reserve policy-maker warns of inflation. (Full story) Fed leaders speak • More rate hikes to come • A cautionary tale • Luck be inflation's lady: Kohn NEW YORK (CNN/Money) - Bonds for the most part turned higher Friday after falling earlier in the session following a government report that showed the eco ...

NEW YORK (Dow Jones) -- U.S. stocks pared gains to trade little changed Friday as a better-than expected September jobs report showed the resilience of the economy after Hurricanes Katrina and Rita, but fed fears interest rates will need to rise further to contain inflation. The Dow Jones Industrial Average (DJI) was up 3 points at 10,289, off an intraday high of 10,347.30. The S&P 500 I ...

SAN FRANCISCO (MarketWatch) -- Gold futures ended the week Friday with a gain of over 1% to mark their highest close in almost 18 years and silver prices ended at their loftiest level since mid-March, more than 3% above their week-ago close.   MARKETWATCH TOP NEWS U.S stocks bounce off lows after Sept. jobs report U.S. job growth healthy, excluding Katrina Security stoc ...

CHICAGO (Dow Jones) - The dollar looked to salvage most of the previous day's sharp losses thanks to U.S. employment statistics on Friday showing far fewer post-hurricane job cuts in September than expected. The dollar was on course to finish mixed for the week against its chief rivals after a volatile few days for the U.S. currency that included a 16-month peak against the yen and the worst on ...

The dollar rallied on Friday after a vital US employment report suggested that Hurricane Katrina had a much less severe impact on the labour market than many investors had feared. // However, a key concern for many currency traders this week was to reduce positions as a reaction to rising global risk aversion. As well as renewed fears over rising inflation, dealers faced a retreat in equity markets, falling crude oil and commodity prices and volatility measures spiking higher. Concerns over i ...