FOREX

IBTimes Logo

Dollar weak as Economic concerns remain

The dollar weakened against the Euro on Monday on renewed concerns about the economy.The dollar weakened against the Euro on Monday on renewed concerns abo...

Sterling recovers on Inflation data

IBTimes Logo
Sterling gained against the dollar on Monday as British producer price inflation surged taking some heat out of Bank of England interest rate cut expectations.

Dollar Gains Slightly after G7 Currency Concerns

IBTimes Logo
The dollar was slightly higher against the euro early Tuesday after the Group of Seven nations signaled over the weekend about their concern regarding sharp fluctuations in exchange rates which they said could hurt the global economy.
More news
IBTimes Logo

Dollar Slips on Consumer Reports

The dollar fell slightly against the euro on Thursday after a report showed consumer spending in February rose at its slowest pace in a year.
IBTimes Logo

FX Summary - Mar 25

A fresh bout of weak US economic data undermined the recent recovery in the dollar, pushing the currency beneath the 2-level against the sterling and falling past the 1.56-mark versus the euro. The reports revealed further deterioration
IBTimes Logo

FX Summary - Mar 24

The dollar continued to rebound versus the yen, edging up to 100.84, in a holiday-thinned Monday session – with Europe and Asia still closed for the Easter holiday. Economic data released earlier today also provided support for
IBTimes Logo

Dollar Gains as Commodities Drop

The dollar rose against the euro on Thursday as investors pulled their money from commodities and put them into dollar-based investments.
IBTimes Logo

Dollar Recovers After Record Low Versus Euro

The dollar fell to a twelve year low against the yen and recovered from a new low against the euro on Monday after the Federal Reserve's to cut its discount lending rate and JPMorgan's bargain buy of imperiled investment bank Bear Stearns Cos.
IBTimes Logo

Dollar Slips to New Low Versus Euro on Bear Stearns

The dollar fell to a new low against the euro and dipped lower against the yen on Friday amid more trouble in the financial sector as JPMorgan Chase and the New York Federal reserved teamed up to bail out struggling investment bank Bear Stearns.
IBTimes Logo

Dollar falls to new record low

The dollar traded at a record low versus the euro on Thursday on concerns of continuing credit market turmoil and its possible effect on the U.S. economy.
IBTimes Logo

Dollar Rises on Fed's $200 Million Loan Plan

The dollar rose against the euro and yen on Tuesday after the Federal Reserve announced it would boost lending to credit-hungry U.S. financial institutions in a bid to avert a recession.
IBTimes Logo

FX Summary - Mar 10

The dollar come under aggressive selling pressure against the yen, falling to its lowest level since 2000 at 101.38 as heightened risk aversion prompted a sharp rally by the Japanese currency. Persistent fears of instability in the US
IBTimes Logo

Dollar Slips Against Yen

The dollar slipped against the yen on Monday on concerns that a U.S. recession could dent stock prices but steadied after the head of the European Central Bank raised a warning about currency exchange rates.
IBTimes Logo

Dollar Recovers from Record Low Against Euro

The dollar rose after dipping to new all-time lows against the euro on Friday as a report of bigger than expected job losses took a back seat to a plan by the Fed to give additional loans to banks.
IBTimes Logo

FX Summary - Mar 6

The dollar found no reprieve in the Thursday session ahead of tomorrow’s closely watched February labor report – stumbling to fresh all-time lows against the euro just shy of the 1.54-mark and a 3-year low versus the yen at 102.56.
IBTimes Logo

Dollar Slips to Fresh Low Against Euro

The dollar fell to a fresh low versus the euro on Thursday after the European Central Bank and Bank of England decided to key their benchmark interest steady.
IBTimes Logo

FX Summary -Mar 3

The dollar continues to struggle across the board amid lingering fears that the economy is headed toward a recession – dragging the currency to a new all-time low against the euro at 1.5275 and a three-year low versus the yen at
IBTimes Logo

FX Summary - Feb 29

The beleaguered dollar found no reprieve against the majors, with the accelerated selling pushing the currency to fresh all-time lows against the euro, Swiss franc, 24-year lows versus the Aussie and 3-year lows versus the yen.
IBTimes Logo

Dollar pinned near record low on U.S. rate view

The dollar held near a record low versus the euro on Thursday after weak U.S. data fuelled recession fears and Federal Reserve Chairman Ben Bernanke signaled a readiness to cut interest rates again.
IBTimes Logo

Dollar Falls Below $1.51 for First Time

The dollar crossed under the $1.51 per euro mark for the first time on Wednesday after Federal Reserve Bank Chairman Ben Bernanke signaled that the Fed could continue to lower interest rates.
IBTimes Logo

FX Summary - Feb 26

Traders sold the greenback after key economic data reinforced the current dilemma facing the US Federal Reserve. The dollar slipped past the 1.49-level against the euro and relinquished the 0.93-mark versus the Aussie. Persistent
IBTimes Logo

FX Summary - Feb 25

The greenback was mixed at the start of the week, trading higher against the yen and easing versus the euro. US data will garner the lion’s share of the attention this week, with much scrutiny over the prospects for the economy to slip into recession. On the
IBTimes Logo

Dollar gains on euro, yen

The dollar gained slightly against the euro and yen on Monday after a better than expected report about home sales in the U.S. in 2008.
IBTimes Logo

Yen Rises as U.S. Stocks Fall

The yen rose against the dollar and euro on Friday as investor moved away from stocks and high yielding currencies.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.