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USD Mixed Following ADP Employment Report
The U.S. dollar is mixed against majors in the aftermath of a larger-than-expected decline in U.S. employment for March and ahead of what could shape up to be a battle among G20 leaders in London.According to Automatic Data Processing Inc, the U.S. labour market lost 742k jobs in March, much worse than the 663k contraction expected and follows February's 706k fall. The result comes ahead of nonfarm payrolls from the Bureau of Labor Statistics on Friday, which
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US Apr Reuters/Michigan Consumer Sentiment Index increase to 65.1
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US Reuters/Michigan Consumer Sentiment Index rises to 67.9 in May
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U.S. markets open with losses on swine flu fears; Euro, down on low volatility session
FXstreet.com (Barcelona) ? Following declines in Asian and European markets, Wall street has opened the week on weak note amid concerns about the economic consequences of swine flu. Euro ticks down while, Pound and Yen remain little moved in absence of macroeconomic news.Dow Jones Industrial Index drops 0.66% with the Nasdaq index 0.82% down, and S&P Index trading 0.76% below the opening level.Shares of travel such as airlines and cruise ship operators have been seriously hit on Monday after swine
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US Markets up on better then expected earnings; Dollar stronger
FXstreet.com (Barcelona) ? U.S. stock markets are going through gains on Thursday as companies report better tan expected earning results in the first quarter. The Dollar has strengthened against Euro, Yen and Pound.Dow Jones Industrials Index trades 1.11% up while the Nasdaq Index adds 1.72% and S&P Index trades 1.18% above its opening level.On the macroeconomic front, Jobless claims have dropped unexpectedly by 14K to 631K, while labour costs posted the smallest increase on record. Furthermore personal income declined 0.32%
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US markets open lower; Pound picks up
FXstreet.com (Barcelona) - U.S. markets have opened Thursday's session with losses, as investor's confidence has been hit by S&P downgrading UK rating outlook due to excessive government debt. Euro has dropped below intra-day low.Dow Jones Industrials Index trades 1,39% below its opening level while the Nasdaq index sheds 0.77% and the S&P Index drops 1.12% in the first hour of trading.U.S Jobless claims have dropped by 12K to 631K during the ¡week of may 60, a larger drop than the
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U.S. markets react towards positive territory; Euro rallies
FXstreet.com (Barcelona) ? Wall Street seems to be picking up after an erratic opening, weighed by news on Morgan Stanley swinging into losses on the Q1 and IMF downgrading global economic outlook. Euro rallies, and the Pound picks up from a 21 day low.Dow Jones Index edges up 0.24%, and the Nasdaq Index goes through gains by 1.0% while the S&P Index trades 0.26% below its opening level in the first hour of trading. Morgan Stanley announced a $177 million
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US Housing Price Index rises 0.7% in Feb; -0.7% expected
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Asian markets down on swine flu concerns, Euro and Pound, down; Yen surges
FXstreet.com (Barcelona) ? Asian markets are going through losses on Tuesday as swine flu continues weighing on investors and hitting airlines and tourism-related firms. Euro and Pound have declined and the Yen has risen against Dollar on risk aversion.Tokyo Nikkei Index is trading 2.03% below its opening level, and South Korean Kospi Index was dropping 0.8% while Hong Kong?s Hang Seng Index edged down 0.3%.Pharmaceutical companies have soared, with Chugai Pharmaceutical up 4.3%; Korea's Yuhan 5.6% up and
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