Result Page 56 for Latest Forex News & Archive

Dollar slides further down

Dollar drifted lower against the euro yesterday and closed at 1.5529 (1.5491)

Sterling marginally up Central Bank meetings in focus

Sterling closed marginally higher against the dollar yesterday while the market players awaited Thursday s key Central Bank policy meetings when the European Central Bank and the Bank of England will announce the results of interest rate policy meetings.

Dollar Slips on Fannie's Housing Woes

The dollar fell versus the euro on Tuesday after the biggest U.S. mortgage financing company, Fannie Mae, reported a bigger than expected first quarter loss.

Dollar takes a breather

Dollar eased against the euro yesterday despite an unexpectedly strong data from the US Service sector.

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Sterling

Sterling fell against the dollar yesterday as traders trimmed their bet on currency due to the strong recovery in the counterpart after the Fed decision on interest rate.

Dollar

Dollar strengthened against the euro yesterday as traders took profits on the European currency amid optimism that the Federal Reserve's

Dollar Rises Ahead of Payrolls Report

The dollar rose on Friday against an index of its largest rival currencies after U.S. economic data on Thursday raised expectations that the Federal Reserve would take a pause from its string of interest rate cuts.

Dollar declines as Fed Leaves Door Open to More Cuts

The dollar fell against major currencies on Wednesday after the Federal Reserve made an expected quarter point cut in its benchmark interest rate to 2 percent but left open the possibility to further rate cuts, raising concerns about inflation.

Dollar recovers awaits Fed decision

Dollar recovered against the euro with markets awaiting the interest rate decision from Federal Reserve on Wednesday.

Sterling affected by downbeat Consumer Confidence

Sterling fell sharply against the dollar yesterday as downbeat Consumer Confidence data further dampened the sentiments of investors.

Dollar Holds on to Gains Ahead of Fed Meeting

The dollar held on to slight gains against the euro on Wednesday as investors expect the Federal Reserve will pause its current string of interest rate cuts after one more quarter point decline today.

Dollar eases on profit booking

Dollar paired gains due to profit booking after a three day rally ahead of the FOMC meet.

Sterling rises moderately against Dollar

Sterling rose against the dollar yesterday as the traders took clue from the slightly brighter stock market sentiment.

Dollar extends rally for the third day

Dollar managed to close higher for the third day in a row continuing recovery from the record low levels against the Euro despite a downbeat consumer sentiments report from the US.

Short covering lifts Sterling

Sterling rose against the dollar on Friday due to short covering after declining for continuous days.

Dollar climbs higher supported by Labor data

Dollar extended gains yesterday continuing recovery from the record low levels against the Euro finding support in slightly encouraging data from the US Labor market.

Sterling extends losses amid Dollar strength

Sterling fell against the dollar yesterday on weaker retail sales data and also due to the strong recovery in the counterpart.

Dollar Declines Holds on to Gains

The dollar declined slightly against the euro on Friday, mostly holding on to gains a day earlier on a report showing strength in the U.S. labor market and rising concern in Europe over sharp shifts in currency values.

Dollar recovers from lower levels

Dollar recovered from record low against the Euro after soft economic data and comments from European policymakers

Sterling declines as rate cut expectation intact

Sterling fell against the dollar as the expectation of rate cut remained unchanged even after the release of BOE minutes.

Dollar rises against Euro after record low

The dollar gained against the euro on Wednesday after a top Luxembourg's finance minister indicated unease with currency volatility a day after the dollar crossed the $1.60 per euro mark for the first time and oil rose to record highs.

Dollar falls hits new record low versus the Euro

Dollar fell against the Euro yesterday and touched a new all time low after recent comments by European Central Bank officials stirred talk that the ECB's next move may be to raise interest rates.

Sterling rises against the Dollar

Sterling recovered against the broadly weak dollar yesterday after a Bank of England policymaker welcomed the bank's plan to free up market liquidity as a way to keep the BOE focused on inflation risks.

Dollar Drops Below $1.60 per Euro Setting New Record

The dollar fell to a new low against the euro on Tuesday, crossing the $1.60 per euro mark, after European Central Bank officials signaled that growing inflation may force the bank to boost interest rates.

Dollar down as BoA result dampens sentiments

Dollar fell against the Euro on Monday due to the unexpectedly weak result from the Bank of America which dampened the investors in the banking sector and also renewed concerns about the US economy.

Housing Data pulls down Sterling

Sterling weakened against the dollar as weak UK house price data reinforced the concerns about the economy.

Dollar Falls on Bank Profit Plunge, Hawkish ECB Official

The dollar fell against the euro on Monday after Bank of America reported a bigger than expected plunge in profit and a European Central Banker dashed hopes for a euro interest rate cut soon.

Dollar improves despite bearish economic data

Dollar rose against the Euro on Friday after Citigroup's results sparked hope that the worst of the credit crisis has passed.

Short covering helps Sterling close higher

Sterling recovered against the dollar on short covering and due to speculation that the plan to ease mortgage market conditions would limit the scope of UK rate cuts.

Dollar Gains Sharply after Citigroup Results Relief

The dollar gained sharply against the euro on Friday after Citigroup reported results which bolstered speculation that financial markets are at or near the bottom of the credit crisis.The dollar ro...

Dollar touches new record low against Euro

The dollar fell against the Euro yesterday as a sharp fall in housing starts reinforced expectations that U.S. interest rates would be cut again.The dollar...

Dollar weakness pushes Sterling up

Sterling recovered against the broadly weak dollar after a sharp fall in housing starts. Sterling recovered against t...

Inflation Data helps Dollar post gains

The dollar rose against the euro yesterday as surprisingly robust U.S. inflation and manufacturing data suggested the Federal Reserve may be less aggressive in cutting interest rates.

Sterling falls on Housing Data

Sterling fell against the dollar yesterday after a fall in a UK house price measure to its lowest in 30 years which increased the worries about that sector and the economy.

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