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Currency Markets


1 to 10 of 43 stories over past 30 days    view more

Oil firm at $121 on Russia tension, dollar dive

SINGAPORE, Aug. 22, 2008 (Reuters) — Oil prices held near $121 a barrel on Friday, a day after their biggest gain in 3 months, after a renewed slump in the U.S. dollar and mounting tension between the United States and Russia rekindled investor appetite. ...  > full story

Energy lifts Dow and S&P but credit worries remain

NEW YORK, Aug. 21, 2008 (Reuters) — The Dow and S&P 500 rose on Thursday as surging oil prices drove up energy shares, though fresh fears of more credit losses on Wall Street kept gains modest and pushed the Nasdaq into negative territory. ...  > full story

Jobless claims fall again but still high

WASHINGTON, Aug. 21, 2008 (Reuters) — The number of U.S. workers filing new claims for jobless benefits fell last week for a second week in a row, the government said on Thursday, though they continued at levels that showed a weakening labor market. ...  > full story

Global stocks gain, dollar rises towards 2008 peak

LONDON, Aug. 20, 2008 (Reuters) — World stocks edged higher on Wednesday after the previous day's tumble to their lowest level in almost two years attracted some buyers, while rebounding commodity prices helped resource shares. ...  > full story

American Home to pay fraction of bankruptcy claims

NEW YORK, Aug. 19, 2008 (Reuters) — American Home Mortgage Investment Corp , which was among the largest U.S. home loan providers before seeking bankruptcy protection a year ago, said it will pay unsecured creditors no more than 5.9 cents on the dollar as it liquidates assets. ...  > full story

U.S. dollar rally takes a breather as commodities rise

NEW YORK, Aug. 18, 2008 (Reuters) — The U.S. dollar slipped against the yen and a basket of currencies on Monday, weighed down by a recovery in oil prices which gave investors the opportunity to take profits on the greenback's recent sharp rally. ...  > full story

Oil's fall, dollar's rise key to gains

NEW YORK, Aug. 17, 2008 (Reuters) — Bolstered by falling oil prices and a rising dollar, stocks could extend their modest gains this week, even in the face of still troubling consumer- and housing-related data. ...  > full story

Precious metals find floor after sell-off

LONDON, Aug. 15, 2008 (Reuters) — Gold found support below $790 an ounce after falling nearly 5 percent in early European trade on Friday, as the precious metals' downward slide ran out of steam. ...  > full story

Consumer prices up sharply, job market softens

WASHINGTON, Aug. 14, 2008 (Reuters) — U.S. inflation hit a 17-year high last month, underscoring the pressure on Americans who face soaring gasoline and food costs while their job prospects dim and incomes shrink. ...  > full story

Retail sales dip in July, import prices up

WASHINGTON, Aug. 13, 2008 (Reuters) — U.S. retail sales edged down 0.1 percent in July on a big drop at auto dealers, the government said on Wednesday in a report suggesting consumers were straining to keep spending up amid rising prices. ...  > full story
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