Foreign Exchange News

NEW YORK (MarketWatch) -- The dollar was higher late in Thursday's session, after a Fed official emphasized the importance of the central bank's fight against inflation, raising hopes for continued U.S. rate hikes that would enhance the dollar's attractiveness. The dollar last was up about 0.2% at 115.42 yen, as the euro fell about 0.2% to $1.20947. Trading was choppy throughout the day due  ...

NEW YORK (MarketWatch) -- The dollar was higher late in Thursday's session, after a Fed official emphasized the importance of the central bank's fight against inflation, raising hopes for continued U.S. rate hikes that would enhance the dollar's attractiveness. document.write('');   MARKETWATCH TOP NEWS U.S. stocks pare gains on spike in oil prices Motorola's momentum s ...

NEW YORK (MarketWatch) -- The dollar lost strength at midday Thursday, after a new tape purportedly from al-Qaida terrorist Osama bin Laden warned of new attacks against the U.S. The dollar last was about 0.04% lower at 115.19 yen, as the euro rose 0.01% to $1.2113. According to news reports, Arabic-language network Al Jazeera carried the new bin Laden audiotape threatening new attacks insid ...

NEW YORK (MarketWatch) -- The dollar remained mixed early Thursday after data pointed to a possible cooling of the housing market, but also showed that labor conditions may be improving. The dollar last was about 0.3% lower at 114.99 yen, as the euro fell 0.01% to $1.2067. The Commerce Department said housing starts last month fell to a nine-month low of 1.933 million. Economists surveyed ...

WASHINGTON (MarketWatch) -- First-time claims for state unemployment benefits plunged by 36,000 to a seasonally adjusted 271,000 in the week ended Jan. 14, the Labor Department said Thursday.   MARKETWATCH TOP NEWS CORRECT: U.S. Dec. housing starts fall to 9-month low U.S. jobless claims fall to lowest levels since 2000 Pixar surges in pre-market trading Pfizer quart ...

NEW YORK (MarketWatch) - The dollar was mixed in the early going Thursday, ahead of December housing starts data, the Philadelphia Federal Reserve's January manufacturing survey and speeches by three Fed officials. document.write('');   MARKETWATCH TOP NEWS U.S. stock futures higher as Pfizer tops forecasts Disney reported in talks to buy Pixar Animation Studios Pfizer qu ...

The New Zealand dollar fell sharply in European morning trade on Thursday amid heightened worries over the risks of buying kiwi-denominated bonds. // Japanese institutions in particular have been active issuers of kiwi-denominated debt, known as uridashi, allowing investors to benefit from the high yields available in New Zealand, where interest rates are currently 7.25 per cent, compared to virtually zero in Japan. Some NZ$13.1bn of kiwi-denominated uridashis were issued in 2005, almost doub ...

NEW YORK (MarketWatch) -- The dollar was mixed in late trade Wednesday, bolstered by a bullish Beige Book survey, but moderated by an admission from a Federal Reserve official that an end to the rates tightening cycle is nearing. The dollar fell 0.3% to 115.22 yen as the Japanese currency shrugged off a sharp overnight selloff on the Tokyo Stock Exchange amid market perception that the yen is f ...

NEW YORK (MarketWatch) -- The dollar was mixed in late trade Wednesday, bolstered by a bullish Beige Book survey, but moderated by an admission from a Federal Reserve official that an end to the rates tightening cycle is nearing. document.write('');   MARKETWATCH TOP NEWS U.S. stocks fall on weak Intel, Yahoo results Fed reports moderate growth, 'less intense' inflation  ...

LONDON (MarketWatch) -- The Japanese yen advanced against the U.S. dollar Wednesday amid turbulence in the Tokyo stock market that has hit some commodity- tied currencies. The dollar fell to 115.02 yen from 115.52 yen, while the euro was fairly flat on the dollar, at $1.2115 from $1.2109. The Japanese stock market declined sharply Wednesday for the second straight day in selling that was ini ...