LONDON, July 22- The Australian dollar rose on Tuesday, the main mover on developed world currency markets, after the country's central bank chief said he was happy with current interest rate levels and made no attempt to talk down the currency.» Read More
The yen rose broadly Tuesday, benefiting from mounting risk aversion as heightened fears of further losses in the banking sector and global stocks prompted investors to sell dollars.
The U.S. dollar rebounded against the euro on Monday as traders bought back the U.S. currency as the second quarter ends, but losses in the euro may be limited ahead of an expected rate hike by the ECB this week.
U.S. Treasury Secretary Henry Paulson said on Monday he believes in a strong U.S. dollar and that U.S officials were working to resolve the country's economic problems, including regulatory mistakes that led to excesses in the mortgage and banking sectors.
For the week ending Friday, June 27, 2008, the U.S Markets tumbled on low consumer confidence levels, battered financial stocks, interest rates concerns, and new record prices for crude oil.
The dollar extended declines against the yen and fell versus the euro, after U.S. stocks accelerated their losses.
The dollar fell broadly Thursday, nearing a three-week low against the euro, after the Federal Reserve held interest rates at 2 percent, dashing expectations of an imminent rate hike.
Nearly 1.5 billion shares and $20 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Check out the bets being made today...
The dollar fell to two-week lows versus the euro on Wednesday, as selling accelerated in the aftermath of the Federal Reserve's decision to hold key interest rates steady at 2.0 percent.
Nearly 1.4 billion shares and $20 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...
The dollar extended losses against the euro on Tuesday, tumbling to a session low after data showed U.S. consumer confidence fell to a near 16-year trough.
Nearly 1.6 billion shares and $22 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...
The euro fell after high energy costs soured German business sentiment and the euro zone's manufacturing and services sectors contracted last month, denting the case for higher euro zone interest rates.
Nearly 1.4 billion shares and $20 billion traded Friday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...
For the week ending Friday, June 20, 2008, the markets dropped on disappointing earnings results from the financial sector, and a continued spike in crude oil prices added to investors' concerns over inflation. The Dow closed below 12000 on Friday for the first time since Mid-March.
The dollar fell broadly Friday, dragged down by a surge in oil prices and more tough inflation comments from a European Central Bank official that raised the specter of rate hikes in the euro zone beyond July.
Nearly 1.7 billion shares and $24 billion traded yesterday in CNBC's Million Dollar Portfolio Challenge. Here are the bets being made today...
The dollar rose Thursday, buoyed by a sharp drop in crude oil prices and a decision by the Swiss National Bank to keep interest rates steady despite record-high inflation.