Dollar gets big boost as US unemployment picture brightens; rally driven by ‘right reasons’NEW YORK — The dollar steamed higher Friday as a government report showed U.S. unemployment falling for the first time in 15 months, surging up alongside equities in an upending of its normal trading pattern. Dollar gains as stocks fall, Bank of England expands money supply programNEW YORK — The dollar came surging back Thursday as stock markets slipped, gaining strongly against the British pound after the Bank of England said it was extending its program of boosting the money supply. Dollar slump on pause for day; greenback ticks higher day after big drop to year lowsNEW YORK — The dollar slump was put on pause a day after the greenback fell to its lowest point for the year against a number of currencies. Dollar sinks to lowest since last fall vs euro, pound, others on hopes of global recoveryNEW YORK — The dollar tumbled broadly Monday, dropping to its lowest points since last fall against the euro, pound and other currencies, as signs of recovery emerged from data on manufacturing from around the world. Big improvement in US output decline dulls dollar luster; big drops vs European currenciesNEW YORK — The dollar closed the week out lower as a report showed the decline in U.S. economic output was vastly improved in the second quarter. Dollar surge fades as earnings, jobs data boost recovery hope, revive taste for riskier assetsNEW YORK — The dollar gave up some midweek gains Thursday, fading again as better-than-expected corporate earnings and a downward trend in unemployment data rallied demand for stocks, emerging-market investments and other “riskier” investments. Falling stocks push dollar up across the board as investors grasp for safetyNEW YORK — The dollar climbed broadly Wednesday, moving higher against the European and emerging-market currencies as a report on American manufacturing and weak demand for government debt pushed U.S. stocks lower. Dollar rebounds off year low vs euro, ends mostly higher as consumer confidence dropsNEW YORK — The dollar rebounded in late trading Tuesday from a year low against the euro overnight as a measure of U.S. consumer confidence fell, distressing investors. Dollar slips, but up vs yen, as positive signal on housing sends investors to riskier tradesNEW YORK — The dollar slipped against most of the major currencies Monday as a strong positive signal on the U.S. housing market led investors to riskier trades in the euro and emerging markets. Dollar higher as Bernanke says Fed will be able to unwind stimulus to prevent inflationNEW YORK — The dollar edged higher Tuesday after Federal Reserve Chairman Ben Bernanke assured investors that the central bank will be able to reel in its economic stimulus and prevent a flare up of inflation once a recovery is firmly rooted. Dollar slides as more big companies turn in strong quarterly results, triggering risk appetiteNEW YORK — The dollar hit its lowest level against the euro in nearly seven months as prospects of a deal to rescue U.S. lender CIT and optimism about corporate earnings increased investors’ appetite for risk — driving them from the safety of the American currency. Dollar climbs as investors move to havens on earnings jitters, worries about economyNEW YORK — The dollar climbed Friday as the second-quarter earnings season kicks off and investors continued to move into the safety of the American currency. Dollar gives up day-ago gains as Alcoa results, jobs data cheer investors, pump up stocksNEW YORK — The dollar gave up most of its big day-ago gains but came off its five-month low against the yen in Thursday trading, as a positive sign in the labor market and Alcoa’s financial results galvanized investors to swap their cash for stocks. Dollar climbs on mixed IMF outlook, consumer borrowing as investors seek safe havensNEW YORK — The dollar continued to climb Wednesday as investors moved more assets into the safety of the American currency after consumers trimmed borrowing in May for the fourth straight month and the International Monetary Fund gave a mixed outlook on the economy. Dollar advances against major currencies ahead of G8 meeting as investors move to havensNEW YORK — The dollar was firmer against most major currencies Tuesday as world leaders are expected to express support for a strong dollar at this week’s Group of Eight summit in Italy. Dollar pushes higher on doubts about economic recovery as investors weigh conflicting signalsNEW YORK — The dollar advanced against the euro and the pound Monday as investors moved into the haven of the U.S. currency on doubts about the global economy. Dollar falls on mixed economic reports as investors await employment data, ECB rate decisionNEW YORK — The dollar was lower against most major currencies Wednesday on mixed economic reports that showed more stable manufacturing activity and a rise in pending home sales. Dollar advances as consumer confidence falls in June; investors await ECB rate decisionNEW YORK — The dollar rose slightly Tuesday after a private research group said consumer confidence unexpectedly fell in June. Dollar mixed against major currencies ahead of closely watched US data, ECB policy meetingNEW YORK — The dollar was mixed against major currencies Monday at the start of a week that features closely watched U.S. employment figures and the European Central Bank’s monthly policy meeting. Dollar falls against major currencies as personal spending rises, but so does savingsNEW YORK — The dollar was lower Friday after data showed that personal spending, incomes and savings all rose in May, suggesting consumers are being extremely careful with their money. Dollar falls against euro, advances vs pound as Fed scales back emergency lending programsNEW YORK — The dollar was mixed against major currencies Thursday as new jobless claims jumped unexpectedly, while the Federal Reserve took the first step toward removing the numerous emergency lending programs it launched last fall at the height of the financial crisis. Dollar climbs as Fed says recession easing, inflation not a threat; leaves rate at record lowNEW YORK — The dollar climbed Wednesday after the Federal Reserve left its key bank lending rate at a record low and said the recession is easing but economic weakness will keep a lid on inflation. Dollar slips ahead of Fed interest rate meeting as existing home sales rise less than expectedNEW YORK — The dollar slipped Tuesday ahead of the Federal Reserve’s meeting later this week, despite a report that showed a moderate improvement in home sales. Dollar gains after World Bank cuts growth forecast as investors await results of Fed meetingNEW YORK — The dollar strengthened Monday ahead of the Federal Reserve’s meeting later this week as the World Bank downgraded its assessment of the global economy, ramping up interest in the “safe” greenback. Dollar advances on upbeat economic reports as Obama’s financial oversight plan sees skepticismNEW YORK — The dollar rose slightly against major currencies Thursday as several upbeat reports on the economy encouraged investors, while President Barack Obama’s plan to transform the Federal Reserve into a super-regulator ran into skepticism. Dollar falls after mixed US data, Russian call for reserve alternative to buckNEW YORK — The dollar fell Tuesday after the U.S. government released a mixed batch of economic data, even while an official statement from the “BRIC” summit had no explicit mention of the buck. Dollar gains as Russian finance minister states support for buck and investors seek safetyNEW YORK — The dollar steamed sharply higher Monday after the Russian finance minister voiced his support for the currency, even as the U.S. government said foreigners’ dollar-denominated holdings fell in April. Sliding stock markets also fueled dollar buyers. Dollar moves higher on last day of volatile week as foreign leaders express support for buckNEW YORK — The dollar charged back Friday after a week of up-and-down trading amid concerns over its status as the primary reserve currency and U.S. debt levels. Dollar gains as Beige Book offers some relief, Treasury yields riseNEW YORK — The dollar ticked higher Wednesday as the Federal Reserve’s snapshot of the country showed the economic decline was moderating and government bond yields rose to multimonth highs. Dollar slides despite bad news out of Europe as Treasury approves banks’ TARP repaymentsNEW YORK — The dollar took a tumble Tuesday, despite some bad news out of Europe, as the government said 10 of the country’s biggest banks would be allowed to repay bailout funds. |