The U.K. pound slipped slightly against the dollar amid concerns that the global economic recovery is losing momentum, following disappointing economic reports in China and the U.S.

The pound was at $1.5335 from $1.5412.

Canada's dollar fell against its U.S. counterpart, as growing concerns about the strength of the U.S. economic recovery and the pace of growth in China dampened demand for commodity-based currencies.

The loonie is trading at $0.9487.

- The Dow Jones industrial average slipped 7.41 points (0.07 percent).
- The Standard & Poor's 500 Index inched up 1.31 points (0.12 percent).
- The Nasdaq Composite Index edged down 0.76 of a point (0.03 percent).

European stock indices slipped upon downbeat inflation and manufacturing data from the U.S. pointed to sluggish growth, overshadowing optimism for corporate results after strong earnings from JPMorgan.

- London’s FTSE 100 closed down 42.23 points (0.80 percent).
- Frankfurt’s DAX index ended down 60.4 points (0.97 percent).
- Paris’ CAC-40 index closed 51.16 points (1.41 percent).

The euro strengthened 0.4 percent to $1.2790 in morning London trading.

The U.K. pound gained ground on the dollar, on news that the U.S. Federal Reserve cut its growth forecasts for 2010 from 3.45% to 3.25% and revealed it is ready to consider additional steps, such as printing money, to boost the economy if it took a turn for the worse.

The pound rose 0.74 cent to $1.5345, its highest level since early May.

The Canadian dollar strengthened against its U.S. counterpart in the wake of a U.S. central bank assessment that the economic outlook for the had "softened".

The loonie is at $0.9710.

- The Dow Jones industrial average rose 3.70 points (0.04 percent).
- The Standard & Poor's 500 index fell 0.17 points (0.02 percent).
- The Nasdaq composite index rose 7.81 points (0.4 percent).

European markets closed narrowly mixed, with some investors preferring to take profits on recent gains as weak U.S. retail sales figures, a key indicator, dented confidence.

- London’s FTSE 100 index closed down 0.33 percent.
- Paris’ the CAC 40 slipped 0.13 percent.
- Frankfurt’s DAX gained 0.30 percent.

The euro is trading at $1.2718.

The U.K. pound gained on the dollar after official data showed that the number of people in the United Kingdom claiming unemployment benefits fell more than expected in May, resulting in a 0.1% decrease in the unemployment rate in the quarter ending in May.

The pound gained 0.67% to hit $1.5279.

The Canadian dollar gained on its U.S. counterpart as risk appetite has also been driving up the price of crude, which has had a positive impact on the strength of the loonie.

The Canadian dollar is trading at $0.9672.

- The Dow Jones Industrial Average was up 112.99 points (1.11 percent).
- The Nasdaq composite index rose 20.15 points (0.92 percent).
- The S&P 500 index closed up 10.96 points (1.02 percent).

European stocks closed up for a sixth straight session and touched a three-week closing high as impressive results from some major U.S. companies raised optimism that the second-quarter earnings will be strong. Concerns were also eased by a smooth Greek treasury bill auction, the country's first debt sale since an emergency loan backstop from the EU and IMF in May.

- London’s FTSE 100 closed up 104 points (2 percent).
- Frankfurt’s DAX index ended up 113.94 points (1.87 percent).
- Paris’ CAC-40 index closed up 70.1 points (1.96 percent).

Currently, the euro is trading at $1.266.

The U.K. pound surged to hit a 2-day high against the dollar, after the already noted official data showing the U.S. posted a larger-than-expected trade deficit in May.

The pound is trading at $1.5166.

The Canadian dollar gained against the U.S. dollar as futures pointed to a sixth straight daily advance for U.S. stocks and prices for raw materials such as crude oil rose, making currencies linked to global growth more attractive.

The loonie is trading at $.9708.

- The Dow Jones Industrial Average rose 18.24 points (0.18 percent).
- The Nasdaq composite index added 1.91 points (0.09 percent).
- The SP 500 index advanced 0.79 point (0.07 percent).

European shares rose for a fifth straight day, with BP surging on reports it may sell assets, and on hopes that the Gulf of Mexico oil leak will soon be capped.

- London's FTSE 100 closed up 34.08 points (0.66 percent).
- Frankfurt’s DAX index ended 11.95 points (0.20 percent).
- Paris’ CAC-40 index closed up 13.18 points (0.37 percent).

The euro is now at $1.2578.

The U.K. pound pared back its overnight decline during early European trade,but is trading lower against the dollar going into the North American session as investors scale back their appetite for risk.

The pound is currently at $1.4966.

The Canadian dollar strengthened against its U.S. counterpart when the Canadian government released a better than expected jobs report for June. This news is a strong sign that the Bank of Canada will raise interest rates a second time in late July.

The loonie is trading at $.9674.

- The Dow Industrial Average gained 58.73 points (0.6 percent).
- The Nasdaq moved up by 21.05 points (1 percent).
- The S&P 500 rose by 7.68 points (0.7 percent).

European shares rose, closing their biggest weekly increase in a year as concerns about the global economy and banks' stress tests moved to the background, and investors focused instead on next week's earnings.

- London’s FTSE 100 index ended up 27.49 points (0.5 percent).
- Frankfurt’s DAX index ended up 29.58 points (0.49 percent).
- Paris’ CAC-40 index closed up 16.23 point (0.46 percent).

The euro is at $1.2675 in early European trading.

The U.K. pound was up against the dollar on increased global risk sentiment.

In early trading the pound is 0.284 percent higher at $1.5196.

The Canadian dollar appreciated against the U.S. dollar on a rise in new home prices, and a drop in U.S. jobless claims last week that was bigger than expected.

The loonie is currently at $.9579.

- The Dow Jones Industrial Average closed up 102 points (1 percent).
- The S&P 500 Index advanced 8 points ( 0.7 percent).
- The Nasdaq rose 11 points (0.5 percent).

European stock indexes hit their highest point in more than a week as encouraging economic numbers soothed concerns about the global economic recovery.

- London’s FTSE 100 index ended up 90.63 points (1.8 percent).
- Frankfurt’s DAX index closed up 42.8 points (0.71 percent).
- Paris’ CAC-40 index ended up 54.81 points (1.57 percent).

During European morning trade, the euro gained 0.17 percent against the dollar to hit $1.2655.

The U.K. pound was down against the dollar, as recent data which showed that house prices in the U.K. fell unexpectedly in May.

The pound shed 0.24 percent to hit $1.5156.

The Canadian dollar continued its rally against its U.S. counterpart for the second consecutive day on rising prices of global stocks and commodities, improving the appeal of growth-linked currencies such as the loonie.

In early trading, the loonie was at $.9574.

- The Dow Industrial average rose 274.66 points (2.8 percent).
- The Standard & Poor's 500 index closed up 32.21 points (3.1 percent).
- The Nasdaq composite index was up 65.59 points (3.1 percent).

Major European stock markets closed slightly higher on speculation that soon-to-be released results of "stress tests" could show that European banks are in reasonable financial shape.

- London’s FTSE 100 index rose 49.82 points (1.0 percent).
- Frankfurt’s DAX added 51.88 points (0.87 percent).
- Paris’ CAC 40 gained 60.08 points (1.76 percent).

The euro is trading at $1.2582 against the U.S. dollar, compared to yesterday's near 7-week high of $1.2663.

The U.K. pound was down against the dollar after data showed that British shop prices increased in June at the slowest annual pace in three months.

The pound is trading at $1.5091, compared to yesterday's closing quote of $1.5153.

The Canadian dollar strengthened against its U.S. counterpart on the advancement of commodities, increasing the appeal of currencies tied to growth, such as the loonie.

In early trading, the loonie is at $0.9453.