BERLIN (AP) – The 16-nation euro rose Friday against the U.S. dollar as Washington reported record-high unemployment while Germany, Europe’s largest economy, saw its number of jobless drop.
In morning European trading the euro bought $1.3997, up from $1.3962 in late New York trading on Thursday. The British pound rose to $1.6048 from $1.5953 the day [...]
NEW YORK (AP) – The dollar kept falling Friday, notching fresh multimonth lows against the euro, pound and yen as a warning that Britain’s debt level may result in its credit rating being cut ricocheted into worries about the massive U.S. deficit.
The 16-nation euro rose to $1.4011 in late New York trading from $1.3889 in [...]
BUDAPEST, Hungary (AP) – Hungary’s currency hit a new record low against the euro, weighed by market fears its economy is being hit hard by the financial crisis and as new data showed industrial output slumped sharply in January.
The forint traded at nearly 318 forints per euro in early trading on Friday. That is a [...]
FRANKFURT (AP) – The euro rose against the dollar on Friday as investors braced for a key U.S. jobs report, expected to show a large fall in payrolls in February, and after rate cuts by leading central banks in Europe on Thursday.
The 16-nation euro bought $1.2701 in early European trading, up strongly from the $1.2544 [...]
BERLIN (AP) – The 16-nation euro rose Tuesday against the dollar as worries about the financial health of U.S. banks offset a small drop in German business confidence.
The euro purchased $1.2788 in morning European trading Tuesday, up from $1.2713 the night before in New York – clawing back some of its losses on Monday.
The dollar [...]
By PATRICK McGROARTY
Associated Press Writer
BERLIN (AP) – The euro reversed an early decline against the dollar on Friday, climbing slightly after the German government’s economic stimulus plan cleared its final legislative hurdle and the head of the European Central Bank said money markets had seen improvements.
The 16-nation currency had fallen as low as $1.2562 in [...]
By PAN PYLAS
AP Business Writer
LONDON (AP) – The euro rallied strongly from a near three-month low against the dollar Thursday after German finance minister Peer Steinbrueck indicated that Germany would consider bailing out the ailing economies of smaller European Union members on the periphery of the euro zone.
The 16-country euro spiked an unusual 2 1/2 [...]
FRANKFURT, Germany (AP) – The euro rose against the dollar on Wednesday after more bad U.S. economic data showed falling home
prices and consumer confidence.
The 16-nation currency rose to $1.3285 in morning European trading from $1.3178 late Tuesday in New York.
In the U.S. on Tuesday, the Standard & Poor’s/Case-Shiller 20-city housing index tumbled by a record [...]
NEW YORK (AP) – The dollar fell against the euro and the pound in early trading Monday on downbeat reports from big U.S. companies, despite encouraging economic news from private research groups.
The 16-nation euro jumped to $1.3143 in morning trading Monday from $1.2974 late Friday, while the British pound rose to $1.3918 from $1.3768. On [...]
FRANKFURT, Germany (AP) – The euro fell against the dollar Tuesday as investors awaited the inauguration of President-Elect Barack Obama, hoping for some direction as to how he will lend more support to the American economy.
The 16-nation euro fell to $1.2948 in morning European trading from $1.3182 in European trade Monday. U.S. stock markets were [...]
