2nd UPDATE: Euro-Zone Aug CPI Likely To Be Below Forecasts(Adds further detail, economist comment.) LONDON (Dow Jones)--Slower-than-expected rates of consumer price inflation in Germany, Spain and Belgium have added to expectations that euro-zone inflation in August will be lower than market forecasts. The
FOREX-Dollar pares losses on US Q2 GDP data(Updates with latest market moves, adds reaction to U.S. GDP data, changes byline, changes dateline, previous LONDON) NEW YORK, Aug 28 (Reuters) - The U.S. dollar pared losses against the euro and yen on Thursday after data showed the U.S. economy
Storm watch keeps dollar under pressureA further rise by crude-oil futures on fears Tropical Storm Gustav could wreak havoc in the Gulf of Mexico kept the U.S. dollar under pressure Thursday, analysts said.Nymex crude-oil futures for October delivery were $1.28 higher at $119.43 a barrel.
Canadian dollar opens at 95.62 cents US, up 0.09 of a cent- 8:09 a.m. TORONTO - The Canadian dollar opened at 95.62 cents US this morning, up 0.09 of a cent. The U.S. dollar stood at 104.58 cents Cdn, down 0.10 of a cent. Pound sterling worth C$1.9209, down 0.01 of a cent, and US$1.8368, up 0.17 of a cent. The
