Foreign Exchange News

NEW YORK (MarketWatch) -- The dollar perched at a three-week high against the yen late in Friday's session, benefiting from apparent Asian demand and indications that the housing market remains robust. The euro late in the day was down 0.1% at $1.2106 as the dollar rose 0.8% to 117.23 yen, its strongest level since January 2. The dollar threw off initial weakness in late morning amid apparen ...

NEW YORK (MarketWatch) -- The dollar perched at a three-week high against the yen late in Friday's session, benefiting from apparent Asian demand and indications that the housing market remains robust. document.write('');   MARKETWATCH TOP NEWS U.S. stocks rally; market set for solid weekly gains Bankruptcy pushes UAL Corp. loss to $17B GDP data misleading, or wrong: ec ...

SAN FRANCISCO (MarketWatch) -- Gold futures gained almost $5 an ounce for the week and silver prices ended at a 19-year high, up nearly 8% from last Friday's close as physical and investment demand remained strong.   MARKETWATCH TOP NEWS U.S. stocks rally, buoyed by Microsoft, P&G results Bankruptcy pushes UAL Corp. loss to $17B GDP data misleading, or wrong: econo ...

NEW YORK (MarketWatch) -The dollar was pushed lower against the euro and yen Friday morning by news that U.S. economic growth slumped in the final quarter of 2005. The euro traded at $1.2223, up from $1.2171 immediately before the report came out. The dollar fell to 116.49 yen from 116.7 yen before the news. The Commerce Department said economic growth slowed to a 1.1% annual rate in the fou ...

The yen fell in European morning trade on Friday, hitting a three-week low against the US dollar, despite further signs that Japan may finally be slaying the dragon of deflation. // The core Japanese price index rose by 0.1 per cent in the year to December, the second month in succession inflation has been positive, the first time this has happened since April 1998. Just for good measure, retail  ...

LOS ANGELES (Dow Jones) -- Unisys Corp. said Thursday that it narrowed its quarterly loss as revenue increased 3% and margins improved as the company moved ahead with plans to reposition itself and cut about 3,600 workers. Unisys (UIS) said that the fourth-quarter net loss narrowed to $31.1 million, or 9 cents a share, from a year-earlier loss of $34.9 million or 10 cents a share. Excluding pe ...

The US dollar failed to make headway on Thursday in spite of a double salvo of supportive economic data. // Initial jobless claims came in at a seasonally adjusted 283,000 in the week to January 21, below forecasts for a reading of 305,000. This in turn dragged the four-week moving average down to 288,750, its lowest level since July 2000, auguring well for next week’s January non-farm payrolls data. Just for good measure, durable goods orders data for December were also a little better than  ...

LOS ANGELES (MarketWatch) -- Unisys Corp. said Thursday that it narrowed its quarterly loss as revenue increased 3% and margins improved as the company moved ahead with plans to reposition itself and cut about 3,600 workers. EARNINGSWATCH VeriSign shares gain ahead of results; Net stocks rise Unisys narrows quarterly loss as revenue rises 3% Investors Financial surges on strong 4 ...

NEW YORK (MPTrader) -- Equities, oil, gold, and the euro have all been trending higher in the last few months. Is there more upside to come? After a brief rest period, including additional correction in the Standard & Poor's 500 Index, the answer is yes.   MARKETWATCH TOP NEWS U.S. durable-goods orders rise 1.3% in December GM reports $4.8 billion loss for fourth q ...

NEW YORK (MarketWatch) - The dollar was mixed early Thursday, after a stronger-than-expected durable goods report only provided slight support to the battered currency. The euro last was up 0.05% at $1.2247 as the dollar rose 0.04% to 115.81 yen. Earlier the Commerce Department reported that orders for U.S.-made durable goods rose 1.3% in December despite a large decline in aircraft orders.  ...