Foreign Exchange News

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 The Senate hearing awaits Some see smooth sailing. (Full story) •But critics lurk. (Full story) Bernanke's Fed future • Pimco's Gro ...

NEW YORK (Dow Jones) - U.S. stocks rallied late Friday, amid investor relief that a probe of White House officials in a CIA leak case resulted in an indictment of a key aide to Vice President Dick Cheney but did not lead to charges for more senior officials. The market earlier surged on Microsoft earnings and a report showing robust third-quarter economic growth despite Hurricanes Katrina and R ...

SAN FRANCISCO (MarketWatch) -- Gold futures fell Friday as growth in the U.S. economy lifted the dollar, but prices for the precious metal closed out the week with an almost $6-an-ounce gain.   MARKETWATCH TOP NEWS Top Cheney aide resigns in wake of Plame leak charges U.S. stocks off highs after Cheney aide indictment U.S. GDP increases 3.8% in Q3 Florida oranges: fac ...

NEW YORK (Dow Jones) - U.S. stocks remained in rally mode Friday, after news of the indictment of a key aide to Vice President Dick Cheney in the CIA leak case and amid apparent relief that more senior officials were not charged. The market had rallied before the probe news on positive Microsoft earnings and a report showing robust third-quarter economic growth despite Hurricanes Katrina and Ri ...

Foreign exchange markets escaped much of the increase in volatility this week infecting other asset classes. The dollar suffered from tensions over Iran and uncertainty over US interest rates. // However, dollar sentiment suffered from geopolitical tensions over Iran while Ben Bernanke’s appointment as Alan Greenspan’s successor prompted greater uncertainty over the outlook for US interest rates in 2006. The dollar reached Y116.24 on Thursday, breaching tough resistance at Y116 but was unable ...

NEW YORK (Dow Jones) - U.S. stocks rallied at noon Friday following positive Microsoft earnings and a report showing robust third-quarter economic growth despite Hurricanes Katrina and Rita, as investors awaited news about possible indictments of White House officials. Despite the gains, worries about rising rates and energy prices lurked in the background. The Dow Jones Industrial Average ( ...

NEW YORK (Dow Jones) - U.S. stocks were higher Friday, following positive Microsoft earnings and stronger-than-expected third-quarter economic growth, although worries about rising rates and energy prices lurked in the background. The Dow Jones Industrial Average (DJI) rose by as much as 70 points. The Nasdaq Composite (RIXF) gained more than 15 points in the early going, but then pared gain ...

CHICAGO (Dow Jones) - The dollar stabilized against its chief counterparts in U.S. trading on Friday, helped by a report that showed the U.S. economy expanded at a faster-than-expected 3.8% annual rate in the third quarter. The economy has now expanded at a 3% or faster clip for 10 consecutive quarters. In response, the Federal Reserve was likely to stick with the modest interest-rate increases ...

NEW YORK (Dow Jones) - U.S. stocks moved higher Friday, lifted by positive response to Microsoft earnings, as news that third-quarter economic growth was stronger than expected soothed fears of a possible slowdown. The Dow Jones Industrial Average (DJI) rose by as much as 70 points in early action, then lost a bit of steam. The Nasdaq Composite (RIXF) gained more than 15 points in the early  ...

CHICAGO (MarketWatch) - The dollar stabilized against its chief counterparts in U.S. trading on Friday, helped by a report that showed the U.S. economy expanded at a faster-than-expected 3.8% annual rate in the third quarter.   MARKETWATCH TOP NEWS U.S. GDP increases 3.8% in Q3 U.S. stocks propelled higher by Microsoft, GDP Florida oranges: facing some tough challenges Mi ...