Foreign Exchange Markets

US Dollar Gains, But Fails to Recoup Week's Losses - US ISM Reports, NFPs Bound to Shake Things Up

Euro Outlook Hinges Upon Key European Central Bank Rate Decision on December 4 - British Pound Under Pressure as Markets Forecast 100bp Cut by the Bank of England Next Week US Dollar Gains, But Fails to Recoup Week’s Losses -...

US Treasuries seem unstoppable

Markets: Fixed Income On Friday, in a very thinly traded session due to US traders and investors staying mostly at home, global bonds continued their bull-run and ended the session with nice gains. In EMU, yields fell between 3...

TOPWRAP 5-Slump hits world industry, BOJ calls crisis meet

By Mike Peacock and Alan Wheatley LONDON/BEIJING, Dec 1 (Reuters) - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and euro zone finance ministers gathered...

Global recession rocks Asian and European industry (Reuters)

Reuters - European and Chinese industry activity slumped in November, Japanese officials said their economy was slowing rapidly and U.S. retailers slashed prices to lure shoppers as recession took a grip.

Nikkei slips 1.4 percent, eyes on jobs data

TOKYO (Reuters) - Japan's Nikkei average slipped 1.4 percent on Monday, with exporters such as Canon Inc <7751.T> down on profit-taking in trade thinned by worries about U.S. jobs data due out at the end of the week.

Canadian Dollar Mixed Ahead of GDP Result

Political uncertainty in Canada is helping to drive a mixed loonie on Monday, even as markets prepare to receive the country's latest gross domestic product (GDP) figures. According to reports, a coalition government could be...

Currency: Dollar struggles on OCR predictions

The kiwi dollar had its wings clipped today amid expectations a dovish Reserve Bank will cut interest rates by 1.5 percentage points later this week. Shortly after 8am today, the kiwi was buying US54.88c and over the day...

Rupee falls 10 paise against dollar

MUMBAI: The Indian rupee opened 10 paise weaker and fell against the US dollar in early trade on Monday due to increased demand for dollars from importers. At the Interbank Foreign Exchange (forex) market, the domestic unit,...

UPDATE 2-Europe factories in slump, hope for big rate cuts

By Jonathan Cable LONDON, Dec 1 (Reuters) - The gloomy news on euro zone and British output was accompanied by data showing inflationary pressures tumbling, removing any doubt that both the European Central Bank and the Bank of...

Aussie dlr slips as rate cut looms, gains vs kiwi

The Aussie slipped against the yen, easing to 61.72 yen from 62.52 yen AUDJPY=R with expectations that further rate cuts by the RBA would reduce the Aussie's high-yield allure weighing down on the local currency.