- Goldman Sees No Harm From Computer Programmer
- Farrell: Don't Head For The Exits Yet
- Justice Dept Said to Be Looking At Telecom Giants
- Lehman CEO: Firm Deserved Bailout or 'Wind Down'
- US Service Sector Has Best Showing In Months
- GM A Step Closer To Exiting Bankruptcy
- Tribune, Cubs Deal Agreed In Principle
- Facebook Director Sees 'Billions' in Revenue in 5 Years
- Judge Gives Control of Jackson Estate to Executors
- 5-Star Manager's 5 Top Stocks
- Hey, What's Up Doc?
- Busch: Summertime Blues Hits Investors
- Chadwick: Recession and Scandals Pave the Way for Romney 2012
- Art Cashin: The S&P's 'Head and Shoulders' Number
- Michael Jackson: Death And Taxes
- Is Andy’s Mojo Back? We Asked Him
- GM A Step Closer To Exiting Bankruptcy
- Schork Oil Outlook: The Fear Trade
- Movers roundup: Blackbaud, Sprint Nextel
- General Motors' brands on the chopping block
- UM forecasts 15.8% Michigan jobless rate in 2010
- Blackbaud shares drop following downgrade
- Sanofi-Aventis study shows Lantus safety on eyes
- US Airways traffic falls 4.1 percent in June
- Germany, France seek looser accounting rules
- Sprint Nextel shares rise as analyst upgrades
- Denver gets fewest gripes about airport scans
FRANKFURT - The euro fell against the dollar Monday as investors moved back into the safe haven of the U.S. currency on fears the global economy is weaker than believed.
The 16-nation euro bought $1.3925 in European morning trading, down from $1.4009 Friday. The British pound bought $1.6146, compared with $1.6421 Friday, while the dollar dropped to purchase 95.22 Japanese yen from 95.98.
Asian stocks were mixed Monday, undermined by investor anxiety that company earnings will reflect a weaker global economy than originally hoped.
Last week, payroll data out of the U.S. showed employers there slashed 467,000 jobs in June — 100,000 more than anticipated. It was the first increase in monthly job losses since January.
"The dollar has found itself pushed further back into favor," said James Hughes, a currency analyst at CMC Markets.
"Those shocking U.S. payroll figures on Thursday are fueling a demand for safe havens."




