Foreign Exchange News
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Dollar rally loses steam on weaker services data
5 Oct 2005
source:
marketwatch.com
CHICAGO (MarketWatch) - The dollar fell Wednesday for the first day in four, with many traders believing the recent rally for the U.S. currency was overdue a correction.   MARKETWATCH TOP NEWS U.S. stocks fall on services data, earnings jitters U.S. service sector hit hard by Katrina, ISM data show GM to sell Fuji Heavy Industries stake Euro zone shows economic strength; ... |
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UPDATE: Euro Zone Shows Economic Strength; Rates Seen On Hold ...
5 Oct 2005
source:
morningstar.com
LONDON (Dow Jones) -- The long moribund euro zone, whose economy expanded just 0.3% in the second quarter, is showing signs of warming up, according to recent statistics. A services-sector purchasing managers survey of countries using the European common currency rose to the highest level in 14 months, reaching 54.7 in September from 53.4 in August, according to NTC Research data released Wedne ... |
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MARKET SNAPSHOT: U.S. Stocks Fall On Services Data, Earnings Jitters ...
5 Oct 2005
source:
morningstar.com
NEW YORK (Dow Jones) - U.S. stocks traded lower Wednesday after a report showing a sharp slowdown in service-sector growth, with investors also receiving mixed signals on corporate earnings, with strong results from Yum Brands, but a weak profit outlook from Wendy's International. The Dow Jones Industrial Average (DJI) was down 37 points at 10,404. The Nasdaq Composite Index (RIXF) fell 14.5 ... |
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MARKET SNAPSHOT: U.S. Stocks Drift Lower On Earnings, Inflation Jitters ...
5 Oct 2005
source:
morningstar.com
NEW YORK (Dow Jones) - U.S. stocks lost ground in early trading Wednesday as inflation concerns continued to weigh on sentiment, with strong results from Yum Brands but a weak profit outlook from Wendy's International leaving investors uncertain about the outlook for the third-quarter earnings season. The Dow Jones Industrial Average (DJI) was down 14 points at 10,427. The Nasdaq Composite I ... |
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CURRENCIES: Dollar Rally Loses Steam Ahead Of Data
5 Oct 2005
source:
morningstar.com
CHICAGO (Dow Jones) - The dollar fell in early U.S. trading Wednesday for the first day in four, with many traders believing the recent rally for the U.S. currency was overdue a correction. Expectations for some moderation in a U.S. measure of the services economy, the Institute for Supply Management's nonmanufacturing gauge due at 10 a.m. Eastern time, proved the trigger for a modest setback f ... |
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Bond prices inch higher
5 Oct 2005
source:
money.cnn.com
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 NEW YORK (CNN/Money) - Treasury prices moved slightly higher Wednesday, a day after Federal Reserve officials said ... |
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MARKET SNAPSHOT: U.S. Stocks To Open Higher; GM Sells Stake In Subaru ...
5 Oct 2005
source:
morningstar.com
NEW YORK (Dow Jones) - U.S. stock futures are pointing to a slightly higher open Wednesday as investors mull strong earnings from Yum Brands, but a weak profit outlook from Wendy's International, with General Motors also in focus after its decision to sell its stake in the overseas maker of Subaru. Dow futures were up 8 points at 10,461, Nasdaq 100 futures climbed 1.5 points to 1,605.5 while S& ... |
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Hedge funds bet on lower bond prices
5 Oct 2005
source:
money.cnn.com
Industry believes that pace of rising interest rates will outweigh Asia's demand for Treasuries. October 5, 2005: 9:10 AM EDT 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 Harry Potter and the Fed's conundrum What investors should do LONDON ( ... |
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Euro zone shows economic strength; rates seen on hold
5 Oct 2005
source:
marketwatch.com
LONDON (MarketWatch) -- The long moribund euro zone, whose economy expanded just 0.3% in the second quarter, is showing signs of warming up, according to recent statistics.   MARKETWATCH TOP NEWS GM to sell Fuji Heavy Industries stake, end alliance Fed presidents keep up tough inflation talk S&P announces index changes Search for Greenspan's replacement under way: ... |
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It's time to fix your life
5 Oct 2005
source:
thisismoney.co.uk
Isabelle Kassam, Daily Mail5 October 2005 THOUSANDS of families have decided to 'fix' their lives by freezing the cost of their household bills and savings. The peace of mind which comes from prearranging monthly payments can be more appealing to parents who need to budget for every penny rather than shopping around for the cheapest deal. Isabelle Kassam looks at how your family can get into a fix. OTHER STORIES Shops mount all-year sales Scottish Power hikes prices £3 fee to be ... |

