Foreign Exchange News

LONDON (MarketWatch) -- European shares closed lower Monday with mining and telecom stocks leading the decliners.   MARKETWATCH TOP NEWS Boston Scientific seeks to derail J&J's Guidant deal Verizon to shed phone-book unit China to order up to 150 jetliners from Airbus NTL may bid $1.4 billion for Virgin Mobile Free! Sign up here to receive our Taxing Times e- ...

LONDON (Dow Jones) -- The dollar rose to its highest level against the Japanese yen in more than 32 months on Monday after a weekend meeting of the world's top industrialized countries didn't make any mention of recent yen weakness. The dollar rose to 121.13 yen from 120.69 yen on Friday, and reached as high as 121.39 yen. The dollar also was higher against the euro, with the euro at $1.1703 ...

CHICAGO (Dow Jones) -- The dollar hit 32-month highs against the yen Monday after comments made on the sidelines of weekend meetings of the world's top finance leaders revealed little Japanese concern over a weaker currency. The six-year-old euro hit an all-time high at 142.69 yen, which translated into gains for the common currency against the dollar. The greenback was little moved by a rep ...

NEW YORK (CNNMoney.com) - Treasury prices slipped Monday after a November survey on the U.S. services sector suggested economic strength. The dollar fell against euro, but topped a 32-month trading high against the yen. The benchmark 10-year note sunk 13/32 to 99-14/32 to yield 4.57 percent, up from 4.52 late Friday. The 30-year bond fell 24/32 of a point to 108-30/32 to yield 4.76 percent, up from 4.72 in the previous session. Bond prices and yields move in opposite directions.  ...

NEW YORK (MarketWatch) -- 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. // document.write('');   MARKETWATCH TOP NEWS U.S. stocks end lower on oil spike, interest rate fears Guidant gets $25B ...

NEW YORK (Dow Jones) -- U.S. stocks moved lower in late afternoon trade Monday as a rise in oil prices and weaker-than-expected services sector data prompted some investors to lock in recent gains, with a jump in long-term interest rates also unsettling the market. The Dow Jones Industrial Average (DJI) fell to a session low of 10,810.67 before trimming losses. The benchmark index was last down ...

CHICAGO (MarketWatch) -- The dollar hit 32-month highs against the yen Monday after comments made on the sidelines of weekend meetings of the world's top finance leaders revealed little Japanese concern over a weaker currency.   MARKETWATCH TOP NEWS Boston Scientific bids $25 billion for Guidant U.S. stocks fall on higher oil, ISM data GM to sell $20 billion in auto loans  ...

NEW YORK (Dow Jones) -- U.S. stocks traded lower Monday afternoon as a rise in oil prices and weaker-than-expected services sector data prompted some investors to lock in recent gains, with a jump in long-term interest rates also unsettling the market. The Dow Jones Industrial Average (DJI) fell to a session low of 10,811.15 before trimming losses. The benchmark index was last down 59 points at ...

NEW YORK (MarketWatch) -- Gold futures continued their climb to settle at fresh 18-year highs Monday, boosted by weakness in the U.S. dollar, continued strong investor demand and rising inflation fears.   MARKETWATCH TOP NEWS Boston Scientific bids $25 billion for Guidant U.S. stocks fall on higher oil, ISM data GM to sell $20 billion in auto loans Cold snap sets bul ...

LONDON (Dow Jones) -- European shares closed lower Monday with mining and telecom stocks leading the decliners. The weakness came after BHP Billiton said it may abandon its Typhoon platform in the Gulf of Mexico and as a possible bid offer for Virgin Mobile raised competition worries in the telecom sector. The German DAX 30 index fell 0.8% to 5,266, France's CAC 40 slipped 0.3% at 4,650 and ...