Foreign Exchange News

NEW YORK (MarketWatch) - The dollar continued to slide early Monday, pressured by a clutch of factors, including concerns about Russian debt repayment plans and a warning from a Fed official about the negative impact of the U.S. current account and budget deficits. The euro rose 1.2% to $1.2283 as the dollar shrank more than 1% to 114.15 yen. The dollar has been under pressure in recent week ...

NEW YORK (MarketWatch) - U.S. stocks are expected to swing a bit higher at the opening Monday, as the market tries to recover from Friday's market rout amid relief over Ford Motor Co's better-than-expected new earnings report. The futures contract for the Dow Jones Industrial Average last was up 19 points at 10,703. Futures contracts for the S&P 500 and the Nasdaq 100 also were pointing tow ...

The US dollar fell sharply in European morning trade on Monday amid rising geopolitical jitters and increasing speculation that the yield gap between the US and eurozone may soon begin to close. // Risk aversion has risen in recent days as equity markets have tumbled and oil prices have headed higher due to the stand-off between Iran and the US and fears of supply shortages. On Monday, UBS’ risk index rose to its highest level for several months, a trend that tends to support “safe haven” cur ...

LONDON (MarketWatch) -- Nervous traders pressured the U.S. dollar on Monday, sending the euro to a four-month high with crude-oil prices climbing and Middle East tensions simmering. Expectations that the Federal Reserve is nearing the end of its rate-hiking cycle also is pressuring the greenback. The euro rose to $1.2263 from $1.2089 on Friday, and the dollar shrank to 114.44 yen from 115.29 ...

NEW YORK (MarketWatch) -- The dollar was mixed against other major currencies in the early going Friday as the market awaited the University of Michigan's January consumer sentiment survey. The dollar last fell about 0.3% to 115.25 yen. The euro dropped 0.01% to $ 1.2071, somewhat dented by weak French data. The sole data report Friday is the January sentiment survey, which is due out at 9.4 ...

NEW YORK (MarketWatch) -- The dollar was pushed a bit lower against its major rivals as the currency market monitored foreign developments Friday, including new twists involving Iran's nuclear strategy and predictions of political and monetary changes in Canada. The dollar last fell about 0.2% to 115.30 yen. The euro rose 0.01% to $1.2102. There was limited market reaction to news that the U ...

Fri 20th Jan 2006 The Bank of Ireland (IOM) has relaunched its Direct Savings Bond. Until now, the bond had only been available through Bristol & West International. Following the changes, it is available in sterling, euro and dollar currencies. The Bank of Ireland Direct Savings Bond, which is for investments of £5,000 or more, is a fixed rate bond offering "competitive" rates of mo ...

Uncertainty over the depth of monetary tightening in the US and Europe and the timing of tightening in Japan were behind the rangebound behaviour of major currencies this week. // Janet Yellen, San Francisco Federal Reserve President, said on Thursday that the central bank was near the end but had “not finished” its tightening cycle and probably had “some” moves left. The Federal Open Market Committee has raised rates 13 times in the past 18 months, taking rates to 4.25 per cent. Another quar ...