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December 31, 2006

Dollar dips, but strong data trims losses

Filed under: News — Tony Spann @ 9:45 am

Dollar dips, but strong data trims losses
Reuters – But the dollar remained under pressure against the euro and other major currencies aside from the yen after a member of the European Central Bank Governing Council, Yves Mersch, said earlier that euro zone interest rates remain low in historical terms

THE TOP 10
Chicago Tribune – 1. RISK BUTCHER TO THE WORLD: The Chicago Mercantile Exchange agreed in October to buy the Chicago Board of Trade, creating a global giant that will dominate trading in contracts on stocks, bonds, currencies and commodities. The $8 billion takeover

FOREX-Dollar cuts losses vs Europe, buoyed by strong data
Reuters – NEW YORK, Dec 28 (Reuters) – The dollar slipped, but came off session lows against European currencies on Thursday after stronger-than-expected U.S. data suggested a far more resilient economy than a recent run of reports had indicated. Signs of a

Dollar Slightly Lower vs. Yen in Asia
MSN MoneyCentral – Against other Asian currencies, the dollar was mixed, rising to 929.5 South Korean won from 929.4 the previous day. It fell to 49.03 Philippine pesos from 49.16. 2006 The Associated Press. All rights reserved. This material may not be published

Dollar Mixed, Gold Up in Europe
Forbes – The U.S. dollar was mixed against other major currencies in late European trading Friday. Gold prices rose. The euro traded at $1.3164, up from $1.3146 late Thursday in New York. Later, in midday trading in New York, the euro fetched $1.3198. Other

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