Wednesday, December 24, 2008
US dollar mixed, gold down in European morning trading
The U.S. dollar was mixed against other major currencies in European trading Wednesday morning. Gold fell.
The euro traded at $1.3980, up from $1.3963 late Tuesday in New York.
Other dollar rates:
--90.46 Japanese yen, up from 90.38
--1.0805 Swiss francs, down from 1.0848
--1.2134 Canadian dollars, down from 1.2188
The... [read more]
Wednesday, November 26, 2008
US Dollar Tumbles as Q3 GDP Falls 0.5% Amidst Sharpest Contraction in Consumption Since 1980The
US dollar fell sharply across the majors as US data was broadly
disappointing, adding to the pile of evidence suggesting that the
nation is in the midst of recession.It seems that the
announcement of yet another Federal Reserve lending facility - this
time to support consumer and small business loans... [read more]
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