The dollar rose against most of the other major currencies Wednesday as new data showed lower-than-expected U.S. inflation in April.
Japan's key stock index rose to its highest in four months Wednesday as investors welcomed the dollar's stability and upbeat earnings reports from telecommunications giant NTT and other companies.
The dollar strengthened against most major currencies Tuesday despite gloomy U.S. economic data and record oil and gas prices.
The dollar weakened further against the euro Monday as markets waited for statements from Federal Reserve Chairman Ben Bernanke and economic data expected Tuesday.
Oil prices retreated Monday in Asia from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen.
Oil prices retreated Monday in Asia from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen.
The dollar rose to a two-month high against the euro in Asia Thursday on speculation that weaker-than-expected euro-zone economic data might make the European Central Bank more pessimistic toward the region's overall economy.
Oil prices held steady Thursday in Asia after jumping to a record near $124 a barrel as investors captivated by the market's upward momentum seemed to ignore figures showing an increase in U.S. crude and gasoline supplies.
The dollar's recent rally ran into headwinds Monday as traders weighed the widening gap between the U.S. central bank's lending rates and other rates around the globe.
The dollar was mixed Monday before the European Central Bank announces its decision on interest rates later in the week.
The dollar rose against most of the other major currencies Wednesday as new data showed lower-than-expected U.S. inflation in April.
Japan's key stock index rose to its highest in four months Wednesday as investors welcomed the dollar's stability and upbeat earnings reports from telecommunications giant NTT and other companies.
The dollar strengthened against most major currencies Tuesday despite gloomy U.S. economic data and record oil and gas prices.
The dollar weakened further against the euro Monday as markets waited for statements from Federal Reserve Chairman Ben Bernanke and economic data expected Tuesday.
Oil prices retreated Monday in Asia from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen.
Oil prices retreated Monday in Asia from last week's record close near $126 a barrel as the dollar strengthened against the euro and yen.
The dollar rose to a two-month high against the euro in Asia Thursday on speculation that weaker-than-expected euro-zone economic data might make the European Central Bank more pessimistic toward the region's overall economy.
Oil prices held steady Thursday in Asia after jumping to a record near $124 a barrel as investors captivated by the market's upward momentum seemed to ignore figures showing an increase in U.S. crude and gasoline supplies.
The dollar's recent rally ran into headwinds Monday as traders weighed the widening gap between the U.S. central bank's lending rates and other rates around the globe.
The dollar was mixed Monday before the European Central Bank announces its decision on interest rates later in the week.
In the Q&A session Saturday morning at Berkshire Hathaway's annual meeting, CEO Warren Buffett and vice chairman Charlie Munger repeatedly warned investors to lower their expectations. When a shareholder asked whether Buffett's recent purchases of publicly traded stocks were likely to generate returns greater than 7% to 10% over time, Buffett promptly said no.
The dollar fell against a mixed bag of currencies and long-term treasury prices retreated from their highs Wednesday after the Federal Reserve announced it again is cutting interest rates.
The dollar rose against most major currencies Tuesday as markets waited to see if the U.S. Federal Reserve Bank would continue its campaign to lower interest rates.
The soaring price of crude oil isn't good for most people, but it could spell opportunity for Ben Bernanke.
The dollar climbed against most major currencies Thursday following a report that showed U.S. jobless claims fell sharply.
The dollar sunk to a record low Tuesday against the euro, which crossed $1.60 after a pair of European Central Bank governors said high inflation may cause the bank to raise interest rates. The U.S. currency also fell against the Japanese yen and the British pound.
Crude oil futures surged to a new trading record of $117 a barrel on Friday following an attack on a key pipeline in Nigeria. The rally capped a week of record highs fueled by supply woes and the dollar's weakness relative to other major currencies. Gasoline futures also reached new record highs.
The dollar was mixed against major currencies in trading Friday, bouncing off a record low against the euro that it reached the previous day, after Europeans expressed concern that the euro's strength was becoming harmful.
There's a moderately amusing McDonald's commercial where office workers bemoan the moribund state of the dollar until they realize how much they can buy with a buck on Mickey D's dollar menu.
Oil prices are holding near a record above $115 a barrel in Asian trading amid concerns about falling supplies and rising global demand.
The dollar hit record lows against the euro Thursday for a second consecutive day, but regained some ground after a European Union official said the 15-nation currency was heading in an "undesirable" direction.
The U.S. dollar fell against major foreign currencies on Friday after a Labor Department report that showed a third consecutive monthly jump in the number of Americans applying for unemployment benefits.
Could the dollar be next in line for a bailout?
European markets were jittery again Thursday following losses earlier in the week, while US shares played more positively and Asia markets continued to showed marked contrasts.
Gold prices tumbled Wednesday, as the dollar regained strength, to sink nearly $100 below its record high set Monday - leaving some traders wondering if this is the beginning of the end for gold's impressive run.
Gold prices sunk below $1,000 Tuesday as the dollar roared back after the Federal Reserve's announcement that it would cut a key interest rate by three-quarters of a percentage point
The U.S. dollar moved higher against several major currencies Tuesday after the Federal Reserve cut interest rates by three quarters of a percentage point - a less aggressive move than some investors were hoping for.
While the greenback gets beaten black and blue against power currencies such as the euro and yen, experts are crediting China's yuan for keeping American consumers from paying significantly more for a wide range of products.
Corporate earnings and consumer spending in the world's second-largest economy may be adversely affected by the weakness of the dollar
Concerns about the weak dollar are mounting. But even as the greenback sinks to new lows against the euro and other global currencies, some experts say this is not necessarily a bad thing for the U.S. economy.
Stocks were knocked lower Thursday morning as record-high oil prices, a slumping dollar and more bank sector woes exacerbated recession fears.
Stocks pared earlier losses Monday morning as oil prices set a new trading high and investors looked past signs of weakness in the manufacturing sector.
Despite all the pain the U.S. dollar has endured in recent days, the greenback may still have further to fall before seeing any sort of relief, according to currency experts.
A surprising bet on Brazil's currency made Berkshire Hathaway shareholders some real money last year.
Stocks closed lower Wednesday, after a modest rally early in the session, as investors grappled with discouraging remarks by a Fed official and worrisome news from Macy's.
It was back in December at a summit in Qatar that members of the Gulf Cooperation Council (GCC) decided to weather falling interest rates and soaring inflation and retain the dollar-peg.
The Federal Reserve's decision to cut interest rates by a half-percentage point Wednesday sent the dollar lower against the euro and the yen, but the Fed is not the only problem for an already battered dollar.
Stocks tanked Friday, as investors abandoned ship after a two-session rally that followed a tough start to the new year.
EU newcomers Cyprus and Malta adopted the euro Tuesday, bringing to fifteen the number of countries using the currency with increasing clout over the slumping U.S. dollar.
Stocks fizzled Monday, limping through the last trading day of 2007 but will close the year with respectable gains.
Stocks inched higher Wednesday, at the end of a lackluster session, as news that another troubled financial firm had scored a capital infusion helped counter reports of disappointing holiday retail sales and a steep drop in housing prices.
Stocks closed slightly higher Wednesday, after lagging for most of the day, as news that another troubled financial firm had scored a capital infusion helped counter reports of disappointing holiday retail sales and a steep drop in housing prices.
Stocks inched higher Wednesday, as news that another troubled financial firm had scored a capital infusion helped counter reports of disappointing holiday retail sales and a steep drop in housing prices.
Stocks closed higher Monday afternoon at the end of a half-day of trading on the eve of a Christmas pause, as investors flocked to financial services firms after yet another Wall Street firm announced a big foreign cash investment.
Stocks rallied Friday, ending a volatile week, thanks to stellar earnings from Research In Motion and a report that Merrill Lynch could receive an investment from Singapore's state-owned investment fund.
Stocks went out with a bang Friday, finishing of a volatile week with a session that saw record volume, thanks to stellar earnings by Research In Motion and a report that Merrill Lynch could receive an investment from Singapore's state-owned investment fund.
Stocks gained Tuesday at the end of a rocky session that saw strong earnings from Goldman Sachs offset by concerns about how the credit market crisis will impact the economy.
Stocks gained Tuesday afternoon, at the end of a rocky session that saw strong earnings from Goldman Sachs offset by concerns about how the credit market crisis will impact the economy.
Wall Street is betting that the Federal Reserve will deliver another rate cut at its policy meeting Tuesday, but that may not necessarily spell more doom for the dollar.
Stocks jumped Monday as investors welcomed a stronger-than-expected pending home sales report and geared up for Tuesday's expected interest-rate cut from the Federal Reserve.
Question: I know I can protect my portfolio against inflation by investing in TIPs and against market volatility by diversifying my investments. But how can I hedge against adverse U.S. dollar movements? - Brian Canes, Scarsdale, N.Y.
Stocks struggled for direction Friday as investors welcomed a mostly upbeat November jobs report and geared up for an expected interest rate cut from the Federal Reserve.
Ever since the dollar began to fall against the euro in 2002, a chorus of government officials, economists and business executives around Europe - from the CEO of Airbus to the Prime Minister of Luxembourg - has complained publicly and in near-apocalyptic terms about the greenback's decline. Their argument has been that the tumbling dollar makes European goods less competitive on world markets and thus poses a big threat to the European economy overall.
With the U.S. currency falling, more investors are thinking about the foreign exchange market. But experts advise caution
The yield on the 10-year Treasury note fell below 4 percent for the first time in two years early Wednesday.
Despite calls from Iran and Venezuela - OPEC's steadfast bashers of the U.S. government - experts say there's little chance the cartel will shift from pricing oil in dollars to something like the euro.
Treasury prices were mixed Tuesday morning as stocks got a lift from better-than-expected corporate earnings and as oil prices came off recent highs.
Things do tend to go to hell all at once, so maybe it should be no surprise that the dollar tanked as the subprime mess was getting rapidly worse and stock markets were whipsawing, mostly downward.
When you're traveling abroad, it's easy, if unpleasant, to grasp the impact of a sinking dollar. Now that the euro is at an all-time high against the greenback, dinner for two at a modest Paris café will set you back $200.
Gold settled at a record high for the second day in a row, closing at $835.20 Thursday, as investors continued to seek stability in precious metals.
The dollar enjoyed a brief bounce against the euro before sliding to a new all-time low after the Federal Reserve cut a key interest rate Wednesday.
Stocks dipped Tuesday afternoon, as a weak consumer confidence report and news that Merrill Lynch's CEO has resigned gave investors a reason to retreat ahead of an expected rate cut from the Federal Reserve Wednesday.
Stocks slipped Tuesday morning as investors stepped back ahead of an expected quarter-percentage point interest rate cut from the Federal Reserve Wednesday.
The declining dollar, surging oil prices, and exploding growth across the Persian Gulf are causing inflation levels to rise. Kuwait has already abandoned the dollar. And some analysts say the rest of the GCC may have to do the same to fight inflation. But do the Gulf banks agree? And how far do they think switching to a basket of currencies will bring down prices?
The Thai baht will largely be remembered as the spark for the 1997 Asian currency crisis, when its collapse set off a panic in broader financial markets.
The Dow dipped and the Nasdaq gained Monday as investors played it cautious after last week's rally and ahead of the start of the quarterly earnings reporting period later this week.
Europeans might be enjoying stateside shopping sprees, but economic chiefs want the U.S. to stop its currency's slide
The euro rose to an all-time high of $1.4166 Thursday, its sixth record in as many trading days against the sagging dollar.
The dollar resumed its fall against the euro Tuesday, the fourth consecutive day of record lows, after a pair of economic reports pointed to the possibility of further interest-rate cuts by the Federal Reserve.
With the dollar's further fall all but certain, the winners and losers are starting to come into clearer focus.
The euro rose to another new record against the dollar Monday, hitting $1.4130 as last week's Federal Reserve interest rate cut continued to weigh on the U.S. currency.
The dollar took another fall on currency markets Thursday, reaching one-to-one parity against the Canadian dollar for the first time in 30 years and plumbing a new low against the 13-nation European currency.
The euro continued to soar against the U.S. dollar Wednesday, reaching its all-time high in the aftermath of a half-percent rate cut by the U.S. central bank.
With Tuesday's rate cut by the Federal Reserve, the prevailing thought among currency traders is that there is more weakness for the dollar in the months ahead.
Stocks slipped Wednesday, after a volatile session in which investors mulled record oil prices and a falling U.S. dollar ahead of next week's Federal Reserve policy meeting.
With the dollar slipping to an all-time low against the euro, currency strategists say the greenback is not likely to rebound anytime soon.
Stocks struggled Wednesday afternoon, in a volatile session influenced by the upcoming Federal Reserve meeting, oil prices at $80 a barrel and the dollar's plummet to an all-time low versus the euro.
Stocks inched higher Wednesday afternoon, in a volatile session influenced by the upcoming Federal Reserve meeting, record-high oil prices and the dollar's plummet to an all-time low versus the euro.
Stocks turned higher early Wednesday afternoon, following a choppy morning swayed by record-high oil prices and the dollar's plummet to a record low versus the euro.
Stocks were mixed Wednesday morning, following the previous session's big runup, as investors mulled record-high oil prices and the dollar's plummet to a record low versus the euro.
The major gauges ended little changed Monday, masking a volatile session in which investors weighed worries about the economy with the wish to scoop up stocks battered during the previous session's big sell-off.
Treasury prices fell Tuesday as investors returned from a three-day holiday to find stocks staging an unexpected rebound.
Treasurys rose Thursday in early trading as stock markets opened lower over uncertainty about whether the Federal Reserve will cut interest rates.
Stocks gained Thursday morning, erasing early losses, as strength in technology shares trumped weakness in blue chips. However, gains were limited by ongoing worries about the credit market and geared up for Friday's key speech from Federal Reserve chairman Ben Bernanke.
The yen suffered its biggest one-day percentage decline against the dollar in more than two years and against the euro in more than three years Wednesday, as investors took recovering U.S. stock markets as a cue to slash short-term bets that the Japanese currency would strengthen.
Bond prices climbed Tuesday as stocks sold off on credit concerns, after minutes from the latest Federal Reserve policy meeting failed to give investors many clues on future rate moves.
Asian stock markets stalled on Tuesday as fresh fears about the outlook for the U.S. economy prompted investors to trim exposure to riskier assets, boosting the yen and safe-haven government bonds.
Asian stocks stalled on Tuesday as fresh fears about the outlook for the U.S. economy offset healthy profits and orders at firms in the region, while the yen firmed as investors trimmed exposure to riskier assets.
Treasury prices edged higher Monday on signs of continued housing market weakness and more signs of a liquidity crunch in credit markets.
Asian stocks fell on Friday on concern that problems in the U.S. housing and credit markets could push the world's biggest economy into recession, while the yen steadied against the dollar and euro.
The Nasdaq slipped and the broader market struggled Thursday after comments by the CEO of troubled lender Countrywide Financial revived investor worries about the ongoing turmoil in the credit and mortgage markets.
Treasurys rose Thursday as talk of possible recession from the nation's top mortgage lender gave renewed vigor to a safe-haven bid and pushed stocks further into negative territory.
The Nasdaq slipped and the broader market struggled Thursday afternoon after comments by the CEO of troubled lender Countrywide Financial revived investor worries about the ongoing turmoil in the credit and mortgage markets.
Stocks turned lower Thursday morning, erasing early gains sparked by a $2 billion investment in Countrywide Financial after its CEO made comments that revived worries about the turmoil in the credit and mortgage markets.
Stocks were mixed Thursday morning, as investors welcomed Bank of America's $2 billion investment in lender Countrywide Financial, but remained concerned about the credit and mortgage markets.
The yen weakened broadly and high-yielding currencies strengthened on Wednesday as calm across financial markets encouraged investors to adopt a more aggressive profile and re-enter carry trades.
Asian stocks looked set to post their best daily gain in nine years on Monday after the Federal Reserve slashed a key U.S. bank lending rate, while the yen fell as fears of a credit crunch faded and risk appetite rose.
Asian stocks were on track for their biggest rally in more than three years Monday after the U.S. Federal Reserve slashed a key U.S. bank lending rate, helping soothe jitters about a worldwide credit shortage.
Treasury prices were mixed in Friday trade, with the 30-year note falling sharply after the Federal Reserve cut the discount rate in a surprise move.
Stocks shot higher on Wall Street and in Europe in a powerful rally Friday after the Federal Reserve cut the discount rate it charges on direct loans to banks in a bid to calm anxious markets and defuse a global credit shortage.
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