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| US Dollar vs Euro, Pound, Canadian Dollar - Friday, August 6, 2010 |
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| The euro was slightly lower in early trading against the U.S, dollar, in anticipation of key U.S.employment data to be released in the afternoon.
The euro opened in Europe at $1.3182.
The British pound fell against the dollar after data showed an unexpected fall in U.K. industrial output during June.
In morning European trading, the pound fell 0.2 percent against the dollar to $1.5855.
The Canadian dollar relinquishing its recent gains against its U.S. counterpart ahead of July jobs data for both Canada and the U.S.
The loonie is at $0.9782. |
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| Stock Market Wrap-up - Thursday, August 5, 2010 |
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| U.S. stock indexes closed lower, as a poor jobs market report caused investors to worry about a lack of hiring.
- The Dow Industrial Average fell 5.45 points (0.1 percent).
- The Standard & Poor's 500 index slipped 1.43 points (0.1 percent).
- The Nasdaq composite index dropped 10.51 points (0.5 percent).
European stock indexes closed mixed, as weekly jobs data from the U.S. heightened concerns over the economic recovery.
- London’s FTSE 100 closed down 20.38 points (0.38 percent).
- Frankfurt’s DAX index ended up 2.25 points (0.04 percent).
- Paris’ CAC-40 index closed up 3.47 points (0.09 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Thursday, August 5, 2010 |
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| The euro neared a three-month high against the U.S. dollar after the European Central Bank held its main interest rate steady, and bank president Jean-Claude Trichet said available third-quarter economic data was better than expected.
The euro rose 0.5 percent to $1.3230 in afternoon London trading. It reached $1.3262 two days ago, the highest level since May 3.
The British pound strengthened for the ninth straight day against the dollar on concerns over the economic recovery in the U.S. It is the longest stretch of such gains in more than 18 years.
The pound is now trading at $1.58806.
The Canadian dollar gained on its U.S. counterpart to reach its highest level since May amid speculation that the nation added jobs in July for a seventh month.
The loonie is trading at $0.9860. |
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| Stock Market Wrap-up - Wednesday, August 4, 2010 |
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| U.S. stocks indexes closed higher, asinvestors welcomed improved data on private sector hiring and the services industry.
- The Dow Jones industrial average rose 44 points (0.4 percent).
- The S&P 500 index gained nearly 7 points (0.6 percent).
- The Nasdaq composite added 20 points (0.9 percent).
Most European stocks ended slightly higher, as better-than-expected U.S. services and private sector employment figures offset weaker retail shares that fell on concerns of a decline in consumer demand. Britain’s equities ended lower, though, on weakness in bank and drugmaker stocks.
- London’s FTSE 100 was lower by 10.32 points (0.2 percent).
- Frankfurt’s DAX index ended up 23.42 points (0.37 percent).
- Paris’ CAC-40 index closed up 13.21 points (0.35 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Wednesday, August 4, 2010 |
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| Worsening figures on consumer spending drove the U.S. dollar to its lowest level in months against the euro, with the euro-zone currency rising to a 3-month high versus the dollar.
The euro rose to $1.3231 in late New York trading, from $1.3170 late Monday.
The British pound gained on the U.S. dollar, as interest rates keep dropping, making U.S. assets and the dollars used to buy them less attractive to global investors.
In late trading, the pound hit a 6-month high versus the dollar at $1.5946, from $1.5893 late Monday.
The Canadian dollar ended higher in late trading, as the U.S. dollar slumped on speculation the Federal Reserve could pump more money into the struggling U.S. economy. Higher crude oil futures also bolstered the Canadian currency.
The loonie is at $0.9779. |
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| Stock Market Wrap-up - Tuesday, August 3, 2010 |
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| U.S. stock indexes fell after sizable mid-day gains on a series of bad or lukewarm economic news that raised investors’ concerns about the strength of the recovery.
- The Dow Jones industrial average ended down 38 points (0.36 percent).
- The Standard & Poor’s 500-stock index fell 5.40 points (0.48 percent).
- The Nasdaq declined 11.84 points (0.52 percent).
European shares ended flat as strong corporate results from the likes of Deutsche Post offset some worries about the economic recovery fuelled by disappointing U.S. data.
- London’s FTSE 100 closed down 0.63 point.
- Frankfort’s DAX index ended up 15.78 points (0.25 percent).
- Paris’ CAC-40 index closed down 4.52 points (0.12 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Tuesday, August 3, 2010 |
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| The euro rose to a 3-month high versus the U.S. dollar, as the single currency gained support from solid euro-zone data and corporate earnings while the greenback toiled on concerns over the U.S. economy.
The euro rose to $1.3226, its highest level since May 3.
The British pound hit a six-month high against a broadly weaker dollar, boosted by growing expectations the U.K. economy will continue to recover following recent upbeat manufacturing sector data and robust bank earnings.
The pound is trading at $1.5965.
According to technical analysis, the Canadian dollar may be poised to break through the 22-month high reached in April and trade stronger parity versus its U.S. counterpart.
The loonie is currently at $0.9757. |
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| Stock Market Wrap-up - Monday, August 2, 2010 |
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| U.S. stock indexes got a big boost on a stream of news that reassured investors who have worried about a slowing of economic growth in the U.S., China and Europe.
- The Dow Jones Industrial Average rose 208.44 points (2 percent).
- The Standard & Poor's 500 index rose 24.26 points (2.2 percent).
- The Nasdaq composite index rose 40.66 points (1.8 percent).
European shares hit a three-month closing high, boosted by better than expected U.S. manufacturing data.
- London’s FTSE 100 closed up 139.09 points (2.7 percent).
- Frankfurt’s DAX index ended up 144.16 points (2.34 percent).
- Paris’ CAC-40 index closed up 108.89 points (2.99 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Monday, August 2, 2010 |
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| The U.S. dollar lost ground against the euro and the British pound after purchasing managers provided a stronger-than-expected assessment of European manufacturing activity.
The euro is trading at $1.3117 against the dollar, up from $1.3055. The British pound is trading at its highest level versus the dollar in 5 1/2 months at $1.5824, a gain of 0.9% on the day.
The Canadian dollar strengthened versus the U.S. dollar, based on an increase in commodities and equities combined to push the loonie up.
The loonie is trading at $0.9768. |
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| Stock Market Wrap-up - Friday, July 30, 2010 |
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| U.S. stock indexes closed mixed, following second quarter GDP results that came in less than estimated. However, the major indices did book their biggest monthly gain in a year.
- The Dow Jones Industrial Average closed down 1.22 points (0.01 percent).
- The Nasdaq closed up 3.01 points points (0.13 percent).
- The S&P500 retreated 4.6 points (0.4 percent).
European stock markets closed lower on Friday after weaker than expected U.S. growth figures stirred concern about the strength of the economic recovery.
- London’s FTSE 100 index closed down 1.05 percent.
- Paris’ CAC 40 fell 0.24 percent.
- Frankfurt’s DAX dropped 0.22 percent. |
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| US Dollar vs Euro, Pound, Canadian Dollar - Friday, July 30, 2010 |
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| The U.S. dollar edged up against the euro after U.S. government gave a mixed read on growth in the first two quarters of the year and consumer confidence.
The euro fell to $1.3031, down from $1.3094 late Thursday.
The British pound slipped versus the dollar, after worse-than-expected U.S economic data boosted the appeal of the dollar as a refuge.
The pound is lower by 0.16% on the day, at $1.5594.
The Canadian dollar remained higher versus its U.S. counterpart after reports showing economic growth slowed in both nations failed to deter speculation the central bank will continue to increase interest rates.
The loonie is trading at $0.9699. |
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