Foreign Exchange News

NEW YORK (Dow Jones) -- The dollar slid in late trade Friday, pressured by news that headline consumer inflation last month registered its largest advance in more than 25 years while consumer spending slowed. Traders said the weight on the dollar was compounded by liquidations of long positions as institutions shifted accounts away from the scandal-rocked commodities broker Refco Inc. (RFX).  ...

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) - Bond prices fell Friday, pushing yields on the 10-year Treasury to the highest level in six months, after an early rally on the governm ...

Major gauges rally after hitting 5-month lows in previous session; tech and banks lead the way. October 14, 2005: 4:09 PM EDT Special Report full coverage GE earnings up UnitedHealth's quarterly profit rises  ...

NEW YORK (CNN/Money) - Bond prices retreated Friday, pushing the benchmark yield to its highest level in six months, after rallying in the early going on a government report that offered tame inflation data. The dollar fell against the euro and yen. The 10-year bond fell 10/32 of a point to 97-31/32 to yield 4.50 percent, up from 4.47 late Thursday. The 30-year bond declined 23/32 o ...

NEW YORK (Dow Jones) -- The dollar dropped from recent peaks Friday, after news that headline consumer inflation last month registered its largest advance in more than 25 years while consumer spending slowed. Traders said there is talk of pressure on the dollar from institutions shifting acounts away from the scandal-rocked commodites broker Refco Inc. (RFX) . The U.S. currency was last trad ...

NEW YORK (MarketWatch) -- The dollar slid further from recent peaks Friday afternoon, after news that headline consumer inflation last month registered its largest advance in more than 25 years while consumer spending slowed.   MARKETWATCH TOP NEWS U.S. stocks rise, helped by retail inflation report Refco winding down trades at broker-dealer unit U.S. inflation surges 1. ...

SAN FRANCISCO (MarketWatch) -- Gold futures prices fell Friday to mark a three-session loss -- down almost $6 for the week, but still up about $18 over the month-ago close.   MARKETWATCH TOP NEWS U.S. stocks rise, helped by retail inflation report Refco winding down trades at broker-dealer unit U.S. inflation surges 1.2%, a 25-year high Crude, natural gas drops 2% as ...

The dollar retreated sharply from multi-month highs against the leading currencies on Friday as benign core inflation figures dampened speculation of aggressive US interest rate rises. // Headline US consumer prices shot up 1.2 per cent in September, the biggest monthly gain in 25 years, but the core measure, excluding food and energy costs, remained tame. Core inflation rose only 0.1 per cent for the fifth consecutive month, below estimates of 0.2 per cent. An unexpected drop in US consumer c ...

LONDON (Dow Jones) -- European markets closed higher Friday, relieved by a soothing core reading on U.S. inflation. The German DAX 30 index finished up 0.5% at 4,975, the French CAC 40 index gained 0.3% at 4,482, while the U.K. FTSE 100 index added 0.2% at 5,275. The Turkish IMKB 100 index closed down 1.9%, its second straight day of substantial losses, as the European Union met to discuss ...

Gold prices hit a near-18-year high in mid week on mounting concern about the inflationary outlook, but then slid from their peak. // The yellow metal peaked at $480.25 a troy ounce on Wednesday, its highest levels since January 1988, but ended the week at about $466. Paul Merrick, vice-president for commodities and foreign exchange at Royal Bank of Canada, said gold prices appeared to have broken their long-term relationship with the dollar and were moving more in step with oil prices. He sa ...