Foreign Exchange News

NEW YORK (CNNMoney.com) - Treasury prices retreated Wednesday as investors turned their attention to the Federal Reserve's interest rate outlook. The dollar rose against the euro and yen. The benchmark 10-year note fell 8/32 to 99-28/32 to yield 4.51 percent, up from 4.49 late Tuesday. The 30-year bond lost 16/32 of a point to 109-23/32 to yield 4.71 percent, up from 4.68 in the pre ...

LONDON (Dow Jones) -- European shares were trading mixed on Wednesday, with gains for metals but losses by automakers and insurance companies, after a late- session pullback on Wall Street. The German DAX 30 index was down 0.3% at 5,284, France's CAC 40 edged 0.2% lower at 4,668 and the U.K.'s FTSE 100 advanced 0.03% at 5,540. The pan-European Dow Jones Stoxx 600 declined 0.04% at 306.98 a ...

Gold rose to a 24-and-a-half-year year on Wednesday when it touched $513.50 a troy ounce in European trade as more investors came into the bullion market. // The rise in gold prices to record highs has been unaccompanied by any serious deterioration in major currencies, or any new geopolitical instability or any new threat of an acceleration in inflation. Although, the new highs were reached ...

Junichiro Koizumi, prime minister, met the Bank of Japan governor on Wednesday for their first official meeting in a year, fuelling speculation the government was ratcheting up pressure on the central bank to delay tightening its monetary policy. // Mr Koizumi's administration has recently warned the central bank of the dangers of tightening policy prematurely, saying there is no need to end ultra-loose monetary policy while the world’s second-biggest economy is still in deflation.  One senior ...

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 NEW YORK (CNNMoney.com) - Treasury prices jumped Monday after productivity growth numbers came in higher than expected and hinted at growth without inflation. The dollar was up against the euro and to ...

After a losing October, better returns for many funds, thanks to the November stock rally. December 6, 2005: 2:52 PM EST By Amanda Cantrell, CNNMoney.com staff writer NEW YORK (CNNMoney.com) - Hedge funds bounced back last month after a rough October, posting stronger returns thanks to the stock market rally and other factors. While major hedge fund indexes are still calculating final performance numbers for the month, investors and other people who track  ...

Major gauges abandon big rally, end the day moderately higher as investors bail out near close. December 6, 2005: 4:11 PM EST NEW YORK (CNNMoney.com) - Stocks ended slightly higher Tuesday, giving back bigger gains in an end-of-the-day b ...

CHICAGO (Dow Jones) -- The yen plumbed all-time lows against the euro and traded at its weakest in nearly three years against the U.S. dollar before stabilizing Tuesday, as investors continue to snub low Japanese interest rates. The euro rose as high as 142.79 yen, the highest in the shared currency's roughly six-year existence. The euro was last fetching 142.47 yen compared to 142.43 on Monday ...

CHICAGO (MarketWatch) -- The yen plumbed all-time lows against the euro and traded at its weakest in nearly three years against the U.S. dollar before stabilizing Tuesday, as investors continue to snub low Japanese interest rates.   MARKETWATCH TOP NEWS U.S. stocks rally; S&P 500, Nasdaq at 4.5 year highs CEO Ed Zander brings back the Motorola moxie U.S. third-quarter  ...

LONDON (Dow Jones) -- European shares were lifted to a higher finish Tuesday by financials, telecoms and strong U.S. trading after strong productivity data. The German DAX 30 index was up 0.7% at 5,300 as trading finished, France's CAC 40 added 0.6% to 4,677 and the U.K.'s FTSE 100 advanced 0.5% at 5,538. The pan-European Dow Jones Stoxx 600 added 0.5% at 306.95. In the currency markets ...