The euro was only slightly lower versus the US dollar in late morning trade in New York after it was reported that an official of the European Central Bank had said the Bank is still worried about inflation.
The reports raised sentiment that the ECB will hike interest rates again this year.
The euro was worth $1.4989 […]

The US dollar was higher versus the euro and several other currencies Tuesday on predictions that while the Federal Reserve will leave interest rates unchanged in today’s meeting, it will also indicate that inflation is a threat and must be held back.
In addition, while the Institute for Supply Management’s non-manufacturing index remained below 50 […]

The pound weakened Monday after the Chartered Institute of Purchasing and Supply said its construction purchasing manager’s index fell to 36.7 in July from 38.8 in June, its lowest since reporting began in 1997, representing a bigger contraction than expected in the construction sector that comprises 6 percent of the UK economy.
A report that the […]

The US dollar strengthened after the Labor Department reported that the United States economy lost only 51,000 jobs in July, fewer than the 75,000 that had been expected to be lost and although the unemployment rate jumped to 5.7 percent, its highest level in over four years.
A separate report from the Institute for Supply Management […]

The US dollar declined in relation to the euro and the pound Thursday after a smaller than expected gain in the Gross Domestic Product and as first-time jobless claims rose last week.
The GDP added 1.9 percent in the second quarter, according to the Commerce Department, against an expected gain of 2.3 percent, while the Labor […]

The US dollar strengthened again Wednesday after a private report showed that 9,000 new jobs were added in the United States in July, ahead of the official Labor Department report on jobs, which is due Friday.
The greenback was also helped by more declines in oil prices.
At around 11 a.m in New York, the dollar traded […]

The US dollar gained on the euro and the yen Tuesday as US consumer confidence grew and crude oil prices resumed their recent declines.
The Conference Board, an independent economic research organization, said its confidence index was up from 51 in June to 51.9 in July.
Meanwhile, the yen was hurt by gains in the unemployment rate […]

The US dollar weakened in relation to the euro and the yen Monday after comments from the president of the Minneapolis Fed in which he said that US credit problems are likely to get worse, and on speculation that house prices were down again when a new report on May’s numbers is released tomorrow.
A private […]