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| US Dollar vs Euro, Pound, Canadian Dollar - Friday, Sept. 10, 2010 |
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| The U.S. dollar slipped against the Euro, as recent economic data has managed to ease concerns from a slowing global growth, thus boosting demand for riskier assets, such as the euro and the pound.
The euro is trading at $1.2721.
The British pound gained against the dollar amid speculation that the Bank of England will plan further quantitative easing to stimulate the economy, as the government prepares to cut public spending to rein in the budget deficit.
The pound is currently 0.188% higher at $1.5456.
The Canadian dollar rallied after stronger-than-expected domestic jobs data for August. The loonie hit its highest level in three weeks immediately after the report.
The loonie is at $0.9676. |
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| Stock Market Wrap-up - Thursday, Sept. 9, 2010 |
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| U.S. stock indexes rose after the Labor Department said first-time claims for unemployment benefits fell last week to the lowest level in two months. In another hopeful sign on the economy, the trade deficit narrowed in July.
- The Dow Jones industrial average rose 28.23 points (0.3 percent).
- The Standard & Poor's 500 index rose 5.31 points (0.5 percent).
- The Nasdaq composite index rose 7.33 points (0.3 percent).
European stock indexes climbed to their highest in more than four months, with sentiment improving after encouraging U.S. economic data and banks surging on hopes the Basel requirements will not be as tough as feared.
- London’s FTSE 100 closed up 64.42 points (1.2 percent).
- Frankfurt’s DAX index ended up 57.08 points (0.93 percent).
- Paris’ CAC-40 index closed higher by 44.94 points (1.22 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Thursday, Sept. 9, 2010 |
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| The euro rose against the U.S.dollar buoyed by successful bond auctions in Portugal and Poland.
The 16-nation currency is trading up at $1.2710
The British pound fell against the dollar, as U.K. Prime Minister Nick Clegg said the nation’s recovery will probably be “uneven,” and before Bank of England policy makers decide today whether to keep interest rates at a record low.
The pound fell 0.5 percent to $1.5396 in early trading.
The Canadian dollar soared after the Bank of Canada raisedits key interest rate by 25 basis points to 1.0 percent andleft the door open for further rate hikes.
The loonie stands at $0.9673. |
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| Stock Market Wrap-up - Wednesday, Sept. 8, 2010 |
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| U.S. stock indexes gained after news of a successful auction of Portuguese government debt eased worries about Europe's financial system.
- The Dow Jones industrial average gained 46.32 points (0.5 percent).
- The S&P 500 index rose 7.03 points (0.6 percent).
- The Nasdaq rose 19.98 points (0.9 percent).
European stock indexes rose, boosted by technology stocks as England’s ARM Holdings jumped on renewed bid talks.
- London’s FTSE 100 closed up 21.92 points (0.41 percent).
- Frankfurt’s DAX index ended up 46.55 points (0.76 percent).
- Paris’ CAC-40 index gained 33.4 points (0.92 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Wednesday, Sept. 8, 2010 |
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| The euro lost ground against the U.S. dollar after a report showing German exports unexpectedly fell in July.
The euro is trading at $1.2703.
The British pound rose versus the dollar on news that house prices in the U.K. rose 0.2 percent in August amid expectations for a 0.5 percent decline, while the annualized rate jumped 4.6 percent.
The pound is currently trading at $1.5437.
The Canadian dollar declined against its U.S. counterpart ahead of the Bank of Canada's scheduled policy meeting.
The loonie is trading at $0.9540. |
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| Stock Market Wrap-up - Tuesday, Sept. 7, 2010 |
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| U.S. stock indexes followed European markets lower after news reports said banks in Europe may have more risky government debt on their books than was disclosed during "stress tests" earlier this year.
- The Dow Jones industrial average fell 107.24 points (1.0 percent).
- The Standard & Poor's 500 index lost 12.67 points (1.1 percent).
- The Nasdaq composite index fell 24.86 points (1.1 percent).
European stock indexes slipping, blunting a two-week rally, with banks hit by concerns over the sector's health and the impact of capital reform.
- London’s FTSE 100 closed down 31.37 points (0.58 percent).
- Frankfurt’s DAX index ended down 37.15 points (0.60 percent).
- Paris’ CAC-40 index lost 40.92 points (1.11 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Tuesday, Sept. 7, 2010 |
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| The U.S. dollar advanced to a 6-day high against the eurio in early New York trading on the carry-over resulting from last Friday’s positive jobs report.
In early trading, the euro was at $1.2754.
The British pound lost ground against the U.S. dollar, erasing Friday’s gains following the U.S Non-farm payrolls data, and amid speculation that the Bank of England will consider extending emergency stimulus measures on Thursday.
The pound is currently trading at $1.5370.
The Canadian dollar gained against its U.S. counterpart in a global investor environment of commodity growth.
The loonie is trading at $0.9601. |
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| Stock Market Wrap-up - Monday, Sept. 6, 2010 |
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| The U.S. market was closed today for the Labor Day holiday.
European shares edged higher, adding to a strong rally last week, with utilities rising after the German government extended nuclear power plants lifespans, but in low volumes with Wall Street closed.
- London’s FTSE 100 closed up 11.04 points (0.20 percent).
- Frankfurt’s DAX index ended up 20.42 points (0.33 percent).
- Paris’ CAC-40 index gained 12.53 points (0.34 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Monday, Sept. 6, 2010 |
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| The euro is up slightly against the U.S. dollar ahead of expected light trading as American markets were closed for the Labor Day holiday.
The euro rose to $1.2900 in early Monday trading, up from $1.2882 late Friday in New York.
The British pound held steady against the dollar after conflicting news; positive news on job growth in the U.S. offset by a marginal increase in the overall jobless rate to 9.6 percent.
The pound is currently at $1.5447.
The Canadian dollar gained ground against its U.S. counterpart as a better than expected U.S. August payrolls data released on Friday encouraged traders to buy higher-yielding assets.
The loonie was at $0.9664 in early trading. |
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| Stock Market Wrap-up - Friday, Sept. 3, 2010 |
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| U.S. stock indexes all gained on news that private employers added 67,000 jobs last month, more than analysts expected.
- The Dow Jones industrial average rose 128 points (1.2 percent).
- The S&P 500 gained 14 points (1.3 percent).
- The Nasdaq composite closed up 33 points (1.5 percent).
European stock indexes posted their biggest weekly gain in about eight weeks as investors grabbed equities after figures showed that U.S. employment declined far less than expected in August.
- London’s FTSE 100 closed up 57.11 points (1.06 percent).
- Frankfurt’s DAX index ended up 50.77 points (0.83 percent).
- Paris’ CAC-40 index closed at up 40.77 points (1.12 percent). |
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| US Dollar vs Euro, Pound, Canadian Dollar - Friday, Sept. 3, 2010 |
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| The euro gained ground against the U.S. dollar to hit a two-week high as U.S. stock futures showed gains, boosting appetite for risk.
The euro is trading up 0.1 percent at $1.2837.
The British pound was near its lowest in more than a month against the dollar after a report showed U.K. services grew the least in 16 months, boosting concern the recovery may falter.
The pound is trading at $1.5405 in morning London trading.
The Canadian dollar climbed versus its U.S. counterpart after a U.S. Labor Department report showed employers added more jobs than anticipated, bolstering the outlook for higher-yielding assets.
The loonie is trading at $0.9602. |
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