Foreign Exchange News

CHICAGO (Dow Jones) -- The dollar stretched its broad decline into Friday, although did stabilize some after a report showed the U.S. financial picture improved slightly in the third quarter. Ledger improvement may prove short-lived. Some analysts think the trade and financial woes that hounded the dollar ahead of 2005's rebound could return in 2006, particularly if the Federal Reserve halts it ...

The currency market witnessed a stunning turnround this week, with the dollar in the doldrums and Japan once more becoming the land of the rising yen. // The yen surged 4.1 per cent to Y115.80 against the greenback, its biggest one-week rise since November 1999, clawing back some of the 17.9 per cent it had lost since January. The week’s big losers included many of the high-yielding currencies t ...

LONDON (Dow Jones) -- European markets closed sharply higher on Friday, led by utilities such as Britain's Centrica and helped by the expiration of key futures and options contracts. Markets also were supported by the closely-followed German Ifo business climate indicator, which rose to a five-year high in December. The German DAX 30 finished up 1% at 5,350, the French CAC 40 ended 0.8% hig ...

LONDON (MarketWatch) -- European markets closed sharply higher on Friday, led by utilities such as Britain's Centrica and helped by the expiration of key futures and options contracts.   MARKETWATCH TOP NEWS U.S. stocks rise amid options-linked volatility Spansion ekes out a gain in its debut U.S. Q3 current account gap narrows slghtly Oracle trades lower in active v ...

CHICAGO (MarketWatch) -- The dollar stretched its broad decline into Friday, although did stabilize some after a report showed the U.S. financial picture improved slightly in the third quarter.   MARKETWATCH TOP NEWS U.S. stocks rise amid options-linked volatility Spansion ekes out a gain in its debut U.S. Q3 current account gap narrows slghtly Oracle trades lower in acti ...

CHICAGO (Dow Jones) - The dollar stretched its broad decline into Friday, although has stabilized some after a report showed the U.S. financial picture improved slightly in the third quarter. The dollar has fallen some 4.8% against the yen after reaching a more than two-year high above 121 yen on Dec. 4. The greenback traded to a low of 115.61 yen Friday. It was more recently trading at 116. ...

By Jeremy Gaunt, European Investment Correspondent LONDON (Reuters) - Pity the poor investor, entering 2006 pretty much knowing what will happen, but not knowing when. The men and women who steer trillions of dollars around financial markets appear to be in fair agreement that next year will be a similar, if somewhat muted, version of this one. That would see equities outperforming bonds, and regional stock markets such as Japan and the euro zone outshining the United States. "The overall en ...

Gold falls below $500, hits 2-week low on fund sales and dollar-driven moves. December 15, 2005: 10:25 PM EST SINGAPORE (Reuters) - Gold traded below $500 an ounce on Friday, falling to its lowest level in two weeks as profit-taking resumed and the yen's rise against the dollar sparked heavy liquidation in Japanese futures. Gold could fall to $490 next week but would rebou ...

LONDON (Dow Jones) -- European markets climbed Friday, led by utilities such as Britain's Centrica and helped by the expiration of key futures and options contracts. Markets also were supported by the closely-followed German Ifo business climate indicator, which rose to a five-year high in December. The German DAX 30 rose 0.7% at 5,334, the French CAC 40 rose 0.7% at 4,705 and the U.K. FTSE ...

LONDON (Dow Jones) - The euro climbed against the dollar on Friday after a better-than-forecast reading of a key German confidence survey, while the dollar was just slightly worse against the yen after two days of heavy losses. The euro recently was trading at $1.2000 from $1.1959 late Thursday, while the dollar fell to 116.29 yen from 116.36 yen late Thursday. The German December Ifo busine ...