The euro and the pound both gained on the US dollar Thursday after the European Central Bank and the Bank of England each decided to keep interest rates on hold for the time being.
In the case of the ECB, rates were held at 4 percent, where they have been for nearly a year, while the […]

The yen strengthened Friday on declines in demand for carry trades as equities markets declined on new worries about losses related to the credit crisis.
At around 11:30 a.m. in New York the yen traded at \159.2379 to the euro and at \103.0900 to the US dollar.
Investor reluctance to enter into risky trades for high-yielding currencies […]

The US dollar was higher versus the yen on sentiment that the Federal Reserve will not cut interest rates at its next meeting, but the greenback lost ground to the euro at just past noon in New York.
It cost \103.66 to buy a dollar, while the euro traded at \160.68, also gaining on the Japanese […]

The US dollar strengthened in relation to the euro and the yen on Tuesday on new retail sales data that showed sales excluding automobiles were up in April.
Without auto sales, retail sales in the US added 0.5 percent, more than had been expected.
Still, with auto sales included retail sales were down 0.2 percent in the […]

The US dollar was weaker versus the yen and about the same versus the euro on Thursday on bad news about US manufacturing.
April production by factories, mines and utilities dropped by 0.7 percent in April while the New York Federal Reserve’s general economic index, which indicates manufacturing in that region, was at minus 3.2 in […]

The US dollar was weaker versus the euro and the yen on Friday on a decline in US consumer confidence and another spike in crude oil prices.
The Reuters/University of Michigan survey on consumer confidence was at 59.5 in May, down from 62.6 in April, the lowest it has been in nearly 28 years.
Meanwhile, crude oil […]

The US dollar strengthened in relation to the euro and the yen Monday, overcoming earlier weakness stemming from worries about US consumer confidence.
Gains for the greenback came on strength in global equities markets and on a gain in leading US economic indicators after the Conference Board’s index of leading indicators added 0.1 percent in April […]

The US dollar weakened Tuesday in relation to the euro and other currencies on another surge in oil prices as crude oil reached a new record at $129.31 per barrel in New York.
In addition, the US Labor Department reported that producer prices were up 0.2 percent in April while core prices, excluding food and fuel, […]