Foreign Exchange News

CHICAGO (Dow Jones) - The dollar looked to salvage most of the week's gains, helped on Friday by U.S. employment statistics that showed fewer post-hurricane job cuts in September than expected. "Katrina's effect was far less destructive than initially feared. The true extent of the damage, however, may not be known until next month when the Labor Department will make adjustments to this prelimi ...

WASHINGTON (MarketWatch) -- The outcome of a Treasury Department report about world currencies, including China's, depends heavily on a trip next week to China by Secretary John Snow.   MARKETWATCH TOP NEWS U.S stocks bounce off lows after Sept. jobs report U.S. Sept. nonfarm payrolls fall 35,000 BP agrees to sell olefins unit for $9 billion Diesel costs fuel quiet c ...

NEW YORK (Dow Jones) -- U.S. stocks rose Friday, bouncing off multi-month lows as a better-than expected September jobs report underlined the resilience of the economy in the wake of Hurricanes Katrina and Rita. But for some investors the report was also something of a double-edged sword as a strong economy is unlikely to prompt any pause in the Federal Reserve's policy of raising interest rate ...

By Yumie Horie OSAKA (Reuters) - Japan's Nintendo Co. Ltd. (7974.OS: Quote, Profile, Research) cut its first-half operating profit estimate by one third on Friday due to sluggish sales of its GameCube game console and software in the United States, but boosted its net profit estimates due to currency-related gains. The Kyoto-based company, known for software titles featuring character ...

SAN FRANCISCO (Dow Jones) --Asian indexes generally rebounded Friday, but Japan's bellwether Nikkei 225 continued its slide, shedding 0.63% to close the morning session at 13,275. Investors responded to fears of additional U.S. interest rate increases and in anticipation of U.S. September nonfarm payroll data expected to show a loss of 143,000 jobs and an increase in the unemployment rate to 5. ...

CHICAGO (Dow Jones) - Benchmark Treasurys ended lower Thursday after a Federal Reserve official repeated his concern that inflation is flirting with the upper end of the central bank's comfort zone. For much of the day, Treasurys had churned with little clear direction as the bond market braced for a monthly jobs report due Friday that could offer the best look yet at the national economy post- ...

CHICAGO (MarketWatch) - Benchmark Treasurys ended lower Thursday after a Federal Reserve official repeated his concern that inflation is flirting with the upper end of the central bank's comfort zone. document.write('');   MARKETWATCH TOP NEWS Net2Phone to set tone in evening tech trading Microsoft details security service plans for businesses EIA chief  ...

The detailsSee more Old conundrum, new twist Inverted or flat, the yield curve points to a weaker Federal Reserve, not a downturn. (Full story) More on bonds and yields • Will Katrina make Greenspan pause? • With oil prices this high, can the Fed ignore them anymore? • Flattening curve: what investors should do Inflation watch Another top Federal Reserve policy-maker warns of inflation. (Full story) Fed leaders speak
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WASHINGTON (MarketWatch) - On the eve of a trip to China, Treasury Secretary John Snow said he would ask China for more currency flexibility.   MARKETWATCH TOP NEWS U.S. stocks fall as snapback hits resistance Average fixed rates highest in six months: Freddie Mac Rita moves jobless claims higher Bush summons drugmakers to speed avian flu response Merck up on cervcia ...

SAN FRANCISCO (MarketWatch) -- Gold futures closed Thursday nearly $6 an ounce higher, finding support from a combination of weakness in the U.S. dollar, inflation anxiety and expectations for higher demand.   MARKETWATCH TOP NEWS U.S. stocks fall as snapback hits resistance Average fixed rates highest in six months: Freddie Mac Rita moves jobless claims higher Bush su ...