NEW YORK The dollar rose broadly on Friday, buoyed by comments made by outgoing Federal Reserve Chairman Ben Bernanke and by risk aversion but a major snowstorm blanketing the Northeast of the United States kept trade thin.
NEW YORK The dollar edged higher on Tuesday in thin pre-holiday trade, after two days of losses, as increasing evidence of a solid U.S. economic recovery affirmed expectations the Federal Reserve will continue to scale back its monetary stimulus.
NEW YORK The dollar rose against the yen on Friday after stronger-than-expected U.S. jobs data raised chances the Federal Reserve may start paring its bond buying program sooner than expected.
NEW YORK U.S. investors have become increasingly enthusiastic about buying stocks across the Atlantic, seeing the European Central Bank's commitment to a loose monetary policy as an invitation to bet on risk there despite a wobbly underlying economy.
NEW YORK U.S. investors have become increasingly enthusiastic about buying stocks across the Atlantic, seeing the European Central Bank's commitment to a loose monetary policy as an invitation to bet on risk there despite a wobbly underlying economy.
NEW YORK U.S. investors have become increasingly enthusiastic about buying stocks across the Atlantic, seeing the European Central Bank's commitment to a loose monetary policy as an invitation to bet on risk there despite a wobbly underlying economy.
NEW YORK, Dec 3 U.S. investors have become increasingly enthusiastic about buying stocks across the Atlantic, seeing the European Central Bank's commitment to a loose monetary policy as an invitation to bet on risk there despite a wobbly underlying economy.
NEW YORK The euro rose to a four-year peak against the yen and gained for a second straight day against the dollar on Friday as unexpectedly robust German business sentiment data raised the appeal of the euro zone common currency.
NEW YORK The dollar dropped against the yen and euro on Monday after China announced its most sweeping economic and social reforms in nearly three decades, lifting investors' appetite for higher-yielding currencies.
NEW YORK The euro rose against the dollar on Friday, hovering close to a two-year high, as souring German business morale did little to dent bullish sentiment toward the euro zone common currency.
Financial markets fell sharply on Tuesday after the head of drugmaker Moderna said existing COVID-19 vaccines would be less effective against the new Omicron variant, but they recovered strongly after more reassuring comments from European officials.