Foreign Exchange News

LONDON (MarketWatch) -- European shares were lifted to a higher finish Tuesday by financials, telecoms and strong U.S. trading after strong productivity data. // document.write('');   MARKETWATCH TOP NEWS U.S. stocks advance on sharp productivity gain U.S. third-quarter productivity revised up to 4.7% Solid gain in U.S. factory orders in Oct. Sears' earnings slide on f ...

CHICAGO (Dow Jones) - The Bank of Canada raised its key overnight lending target to 3.25% from 3% Tuesday, a move that was widely expected. The rate hike was the third in a row since the bank began lifting rates again in September. Policymakers left the door open to further rate hikes but gave no signs of having to turn more aggressive. "The bank continues to judge that the risks to the outl ...

NEW YORK (CNNMoney.com) - Treasury prices gained slightly Monday after productivity numbers came in slightly above analyst expectations. The dollar was up against the euro and topped a 32-month trading high against the yen. Third-quarter productivity (output/hour) growth was revised to 4.7 percent (from 4.1 percent earlier) -- above analysts' expectations of 4.5 percent. Factor ...

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 Tuesday, as low Japanese interest rates turned off investors. The euro rose as high as 142.79 yen. The common currency was last fetching 142.45 yen compared to 142.43 on Monday. The dollar was up 0.2% against its Japanese counterpart, at 121.12 yen comp ...

CHICAGO (MarketWatch) - The Bank of Canada raised its key overnight lending target to 3.25% from 3% Tuesday, a move that was widely expected. document.write('');   MARKETWATCH TOP NEWS U.S. stocks open higher as year-end rally continues U.S. third-quarter productivity revised up to 4.7% Ericsson wins 'largest ever' network deal from U.K.'s 3 Ericsson helps Europe hit fre ...

LONDON (MarketWatch) -- U.S. stock market futures pushed higher Tuesday as oil prices held below $60 a barrel and on better-than-anticipated productivity data. document.write('');   MARKETWATCH TOP NEWS Stock futures lean higher with oil under $60 a barrel Yen hits all-time low against euro, declines on dollar Sears, Kroger, Brocade, Altera, ConAgra, more European stocks ...

LONDON (Dow Jones) -- European shares advanced Tuesday as markets shrugged off a weaker end to U.S. trading, helped by gains from financials such as British bank HBOS and telecom-equipment maker Ericsson. The German DAX 30 index added 0.7% at 5,300, France's CAC 40 was up 0.5% at 4,673 and the U.K.'s FTSE 100 increased 0.3% at 5,526. The pan-European Dow Jones Stoxx 600 added 0.4% at 306.6 ...

LONDON (Dow Jones) -- The yen reached an all-time low vs. the euro and declined against the dollar on Tuesday as markets focused on the interest-rate differentials between other countries and Japan. The euro rose as high as 142.82 yen and recently was at 142.62 yen against 142.43 yen on Monday. The dollar also gained on the Japanese currency, at 121.14 yen vs. 120.86 yen on Monday. The Eu ...

HEMPSTEAD, N.Y. (MarketWatch) -- Big as it is, our trade deficit is not necessarily a bad thing. Trying to force it down, however, could be. document.write(''); MARKETWATCH COMMENTARY TOMI KILGORE (MONDAYS) Crude's slide suggests bears are taking their turn BAMBI FRANCISCO (TUESDAYS) E-movies coming soon to a PC near you DAVID CALLAWAY (THURSDAYS) Imagine all the people -- without  ...

NEW YORK (Dow Jones) -- U.S. stocks ended lower Monday, hurt by a rise in oil prices, a jump in long-term interest rates and weaker-than-expected data, but shares of Guidant Corp surged on a surprise $25 billion takeover offer from Boston Scientific. The Dow Jones Industrial Average (DJI) was down 42.5 points at 10,835.01. The Nasdaq Composite Index (RIXF) fell 15.73 points to 2,257.64 while ...