U.S. Dollar
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At 8:37 a.m. the Canadian dollar was trading at C $1.0249 to the greenback, or 97.57 U.S. cents, compared with C $1.0223, or 97.82 U.S. cents, at Monday's North American close.
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Stocks closed in the red Monday, with the S&P 500 moving further away from its all-time high, amid worries over the bailout news in Cyprus and over fears the euro zone's bigger troubled economies such as Spain and Italy may follow suit.
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Stocks finished in negative territory Friday, with the Dow snapping a 10-day win streak and the S&P 500 ending shy of its record closing level, following a disappointing consumer sentiment report and as investors started to question whether the recent rally has run out of steam.
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SYDNEY/ WELLINGTON, March 15- The Australian dollar was within a whisker of reaching 100 yen on Friday as the new heads of the Bank of Japan finally won approval, while the New Zealand currency nursed a grudge against its own dovish-sounding central bank. A break of the psychological 100 yen barrier would open the way to the 2008 peak above 104..
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Stocks closed near session highs Thursday, with the Dow logging its first 10th-straight winning streak since 1996 and the S&P 500 within a hair's breadth of its all-time closing high, lifted by a better-than-expected jobless claims report.
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Stocks eked out a small gain in tight trading Wednesday, with the Dow logging its first ninth-consecutive winning streak since November 1996 and the S&P 500 within striking distance of its all-time closing high.
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*Sterling hit by woeful UK manufacturing data. SYDNEY/ TOKYO, March 13- The yen bounced back from a 3-1/ 2- year low versus the dollar on Wednesday as bears took profits after its hefty fall even though the currency still looks vulnerable to expectations of radical policy easing from the Bank of Japan.
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The Dow eked out a gain for the eighth-consecutive session to post another closing high at 14,450.06 Tuesday. Meanwhile, the S&P 500 snapped a seven-day winning streak, dragged by financials and techs, logging its first drop in the month of March.
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Stocks finished near session highs Monday, with the Dow posting another record closing high and the S&P 500 within 1 percent of its 2007 peak, as investors shrugged off earlier worries over disappointing economic data from China and weakness in Europe.
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Stocks finished higher across the board Friday with the Dow setting a new record high and all three major averages up more than 2 percent for the week, boosted by a stronger-than-expected monthly government payrolls number.
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*Dollar/yen hits highest level since August 2009. NEW YORK, March 8- The dollar rallied to a fresh 3-1/ 2- year high against the yen and a three-month high against the euro on Friday, buoyed by a report showing U.S. employers stepped up hiring in February, pushing the unemployment rate to a four-year low.
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LONDON, March 8- The dollar hit a 3-1/ 2- year high against the yen and rose versus a basket of currencies on Friday, buoyed by expectations of better U.S. jobs data that would add to signs of recovery in the world's largest economy.
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WELLINGTON/ SYDNEY, March 8- The Australian dollar hovered near a 4-1/ 2 year high on a broadly softer yen on Friday with the Bank of Japan remaining a sure bet for more stimulus, but it held steady on the greenback ahead of key China and U.S. data. *The New Zealand dollar also little changed at $0.8281.
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Stocks finished higher Thursday, with the Dow posting fresh all-time highs for the third-straight day, following an upbeat weekly jobless claims report and ahead of the widely-watched monthly government jobs data.
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Stocks ended higher Wednesday, with the Dow extending its gains to post a record high for the second-straight day, amid signs of improvement in the labor market.
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The Dow Jones Industrial Average pierced through levels last seen in 2007 to close at a record high of above 14,200 on Tuesday, boosted by an upbeat ISM non-manufacturing index and amid ongoing monetary support from the Federal Reserve.
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Stocks ended near session highs in choppy trading, with the S&P 500 finishing in positive territory for the first Monday in 2013 and the Dow close to hitting its record closing high, as investors shook off earlier worries over China and a lack of progress over the sequester.
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Stocks finished in positive territory on the first trading day of March, with the Dow within 100 points of hitting an all-time closing high, as a better-than-expected ISM manufacturing report offset worries over China and Europe and as investors shrugged off the looming government spending cuts.
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Stocks eased off their best levels but eked out a gain on the final trading day of February, with the Dow within striking distance of a new all-time closing high and the S&P 500 logging its fourth-consecutive month of gains.
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Stocks soared for a second day to finish near session highs Wednesday, with the Dow within less than 100 points of an all-time closing high, boosted by upbeat earnings and economic reports and as Fed Chairman Ben Bernanke reaffirmed his support of the central bank's stimulus policy.