Foreign Exchange News

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 Friday, flattening the spread between long and short yields,  ...

CHICAGO (MarketWatch) - The U.S. dollar was lower against the euro and the yen in reaction to mild inflation statistics released Thursday that could limit the scope for higher U.S. interest rates next year.   MARKETWATCH TOP NEWS NY strike ends; Bloomberg: `serious economic harm' Placer Dome agrees to Barrick Gold's sweetened offer CVS mulls offer for Albertson's drug stor ...

LONDON (MarketWatch) -- 2005 was the year when European equities sailed past their U.S. counterparts. Google and the Gold Rush David Callaway takes a shot at predicting the 10 biggest business stories of 2006.  Top 10: The stories that moved us in 2005  Winners & Losers: Howard Stern, Alan Greenspan China: Will 2006 be the year of the consumer?  European market ...

NEW YORK (CNNMoney.com) - Treasury prices fell slightly Wednesday after a key inflation measure was revised higher and comments by a Fed official fueled fears that the Federal Reserve might continue its monetary tightening campaign. The dollar posted its third straight day of gains against the euro and yen. The benchmark 10-year note fell 6/32 to 110-02/32, yielding 4.49 percent, up from 4.46 late Tuesday. The 30-year bond lost 10/32 of a point to 110-08/32 to yield 4.67 percent,  ...

CHICAGO (MarketWatch) - The dollar gained Wednesday, as a modest downward revision to a broad measure of U.S. growth included an upward revision to inflation that backs expectations the Federal Reserve will nudge U.S. interest rates higher early next year.   MARKETWATCH TOP NEWS U.S. stocks up sharply; M&A in focus Seagate Technology to buy rival Maxtor for $1.9 billion ...

CHICAGO (Dow Jones) - The dollar was higher against the euro and the yen Wednesday after a modest downward revision for a broad measure of U.S. growth also included an upward revision to inflation, backing expectations that the Federal Reserve will nudge U.S. interest rates higher. U.S. third-quarter gross domestic product advanced at a 4.1% rate, not the 4.3% calculated in an earlier version o ...

NEW YORK (CNNMoney.com) - Treasury prices fell slightly after a key inflation measure was revised higher, fueling fears that the Federal Reserve might extend its string of interest rate hikes. The dollar rose against the euro and yen. The benchmark 10-year note fell 4/32 to 110-04/32, yielding 4.48 percent, up from 4.46 late Tuesday. The 30-year bond lost 7/32 of a point to 110-11/3 ...

NEW YORK (MarketWatch) -- Shares of Nike Inc. dropped in pre-market trading Wednesday because of a sharp slowdown in global orders scheduled for future delivery and concern over higher costs for raw materials. EARNINGSWATCH Family Dollar profit falls on higher costs Nike's shares fall on slowdown in future orders FedEx results lifted by strong margin improvement Worthington In ...

Sterling fell in European morning trade on Wednesday as the minutes of the most recent meeting of the Bank of England’s monetary policy committee revealed that one member voted for an immediate rate cut. // Stephen Nickell, an external member of the committee, claimed that projections for investment growth and net trade were optimistic as he argued for the MPC to follow August’s rate cut with another 25-basis point cut to 4.25 per cent. Mr Nickell was outvoted 8-1, but the surprising lack of u ...

BOSTON (MarketWatch) -- Exchange-traded funds really came into their own in 2005, but the key players in the roughly $265 billion industry say the party's still just getting started. Bernanke's rookie year At the end of the rate-tightening cycle, major decisions loom quickly for new Federal Reserve chairman.  And: Looming elections weigh on business agenda  Irwin Kell ...