Dollar Falls As Paulson Speaks On Finacial Regulation; Milwaukee-area Manufacturing Contracts [EUR/USD]
3/31/2008 10:20:15 AM The dollar softened versus other major currencies Monday morning in New York as Treasury Secretary Henry Paulson unveiled a White House plan to overhaul US market regulation. Paulson said that regulatory changes are needed after markets stabilize.
Saying the Fed should get [...]
3/31/2008 9:57:20 AM The dollar saw little movement upon the release of Chicago PMI data Monday morning. The Chicago PMI rose to 48.2 in March from 44.5 in February, beating expectations for 46.7. The PMI index measures the economic health of the manufacturing sector. A reading of less than 50 represents a contraction in manufacturing.
The [...]
Australian Dollar At 2½-week High Versus New Zealand Kiwi [AUD/NZD]
3/31/2008 9:40:34 AM The Australian dollar advanced to a 2½-week high versus the New Zealand dollar during early New York trading on Monday. The Aussie-kiwi pair that moved mostly sideways in early European session hit as high as 1.1621 by about 9:00 am ET Monday, compared [...]
Swiss Franc Hits 13-day High Against Pound [GBP/CHF]
3/31/2008 6:41:52 AM During early trading on Monday, the Swiss currency showed strength against its major counterparts. The franc advanced to a 13-day high against the pound and a 3-day high against the dollar. Against the yen, the franc gained from a 5-day low.
The Swiss economy may not [...]
3/31/2008 6:37:07 AM US stocks were set to close out the first quarter on a downbeat note Monday morning, with all eyes on Treasury Secretary Henry Paulson, who will unveil a sweeping plan to police Wall Street.
At 6 am ET, the S&P Futures were down 4 points, the Nasdaq Futures were down 4 points, and [...]
British Currency Plummets To Fresh Record Low Against Euro [EUR/GBP]
3/31/2008 6:34:51 AM In early deals on Monday, the British pound weakened to a fresh record low against the European currency as the house prices in UK dropped for a sixth month in March and the Euro-zone March annual inflation accelerated to a new record high.
A [...]
Euro Soars To Fresh Record High Against Pound [EUR/GBP]
3/31/2008 5:28:18 AM The European currency climbed to a fresh record high of 0.7970 versus the British pound following the release of euro-zone inflation data. The euro-pound pair closed Friday`s deals at 0.7922. At about 5:00 am ET Monday, the European single currency rose to 1.5836 against [...]
Aussie Weakens Further Against Euro And Greenback; Hits 0.9129 Against Buck And 1.7324 Against Euro [AUD/USD]
3/31/2008 5:31:10 AM Aussie weakens further against euro and greenback; hits 0.9129 against buck and 1.7324 against euro
Pound Gains Slightly Amid Comments From BoE`s King [GBP/USD]
3/31/2008 6:05:51 AM Following the comments from BoE`s King, the pound strengthened slightly against its major counterparts. As of now, the pound is worth 1.9886 versus the dollar, 0.7956 per euro, 197.61 against the yen and 1.9742 francs.
3/28/2008 12:03:09 PM The consumer price index for Germany in March 2008 is expected to rise by 3.1% from March 2007, according to data release by Destatis on Friday. Compared with the previous month, the index is up 0.5%. Annual CPI was a bit higher than expected, with analysts predicting a 2.9 percent increase.
The euro [...]
