NEW YORK, Feb 1- The euro hit a 14- month high against the U.S. dollar and 33- month peak against the yen on Friday, the beneficiary of stronger-than-forecast euro zone manufacturing data and expectations of easy monetary policy from Washington and Tokyo.
NEW YORK, Feb 1- The euro hit a 14- month high against the U.S. dollar and 33- month peak against the yen on Friday, the beneficiary of stronger-than-forecast euro zone manufacturing data and expectations of easy monetary policy form Washington and Tokyo.
WASHINGTON, Feb 1- The outlook for U.S. construction workers brightened on Friday with a report that showed growing momentum in hiring at building sites. The U.S. Labor Department said 82,000 construction jobs were created between November and January, the biggest three-month gain since the three months ended April 2006.
The Labor Department said 157,000 jobs were added in January. The euro rose to $1.3662 in late trading Friday from $1.3574 late Thursday. The dollar fell to 0.9078 Swiss franc from 0.9098 Swiss franc and to 99.71 Canadian cents from 99.76 Canadian cents.
NEW YORK, Feb 1- Major world stockmarkets rose to their highest levels in nearly two years on Friday helped by manufacturing and employment data indicating the global economic recovery is on track.
NEW YORK, Feb 1- Prices for U.S. The January ISM was quite encouraging for both output and employment prospects ahead, "said Andrew Wilkinson, chief economic strategist with Miller Tabak& Co. LLC.
*U.S. and European stocks get a lift, MSCI world index higher. The MSCI world equity index was up 0.4 percent, having strengthened earlier on factory activity surveys for January in China and in the euro zone, which increased optimism over the global growth outlook. "
*U.S. and European stocks get a lift, MSCI world index higher. The MSCI world equity index was up 0.4 percent, having strengthened earlier on factory activity surveys for January in China and the euro zone, which increased optimism over the global growth outlook. "
WASHINGTON, Feb 1- Friday's jobs report shows the U.S. economy is improving, but Congress needs to act on policies that promote growth and avoid deep cuts slated to take effect next month, said Alan Krueger, a White House economist.
*Average hourly earnings rise four cents.