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December 4, 2005

Wall Street rallies as inflation worries subside

Filed under: News — Tony Spann @ 12:20 pm

Wall Street rallies as inflation worries subside
MSNBC – The dollar was mixed against other major currencies, while gold prices dropped.

Metals may carry the day
The Australian – TRADERS will find themselves battling mixed signals today after Wall Street took a blow from renewed interest rate worries while commodity prices continued to surge. potential to lead to a reweighting of commodity-focused currencies and share markets such as those in Australia, Canada

Stocks end mixed on worries over rates
SignOn San Diego – The dollar was mixed against other major currencies, while gold prices lingered above $500 per ounce

Dollar rises in European trading
AP via Seattle Post Intelligencer – BERLIN — The dollar rose against the euro and other major currencies Friday as the United States reported a rise in payrolls while the unemployment rate held steady at 5 percent on November.

G7 asks China to move further on yuan
Reuters – This rigidity constrains exchange rate flexibility in the region and thus poses risks to China's economy and the global economy,'Snow said. The yuan is now under a managed float with reference to a basket of currencies including the dollar, euro, and yen.U.S

Dollar Up Against Euro, Other Currencies
AP via The Ledger – Published Tuesday, November 29, 2005 Dollar Up Against Euro, Other Currencies The Associated Press FRANKFURT, Germany The dollar rose against the euro and other major currencies in European trading Tuesday ahead of several U.S.

Stocks Mixed on Strong Jobs Report
San Francisco Chronicle – The dollar was mixed against other major currencies, while gold prices lingered above $500 per ounce

Currencies
The Scotsman – Sterling was steady against the euro but it weakened against the dollar to $1.7263. Sat 3 Dec 2005 Printer friendly Send to friend Currencies THE dollar hit a 32-month high against the yen and neared its

Dollar slips against other currencies
AP via Seattle Post Intelligencer – FRANKFURT, Germany — The dollar slipped against other currencies Monday in anticipation of U.S. economic data this week and its potential to weigh on interest rates.

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