Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $2,910
3%  
Woo hoo!! 3rd Qtr 2025 FReepathon is now underway!!

Keyword: gbp

Brevity: Headers | « Text »
  • Dollar Steadies Versus Euro and Yen

    12/09/2004 3:41:53 AM PST · by RWR8189 · 3 replies · 666+ views
    Reuters ^ | December 9, 2004 | Justyna Pawlak
    LONDON (Reuters) - The dollar steadied versus the euro and yen on Thursday following sharp gains across the board in the previous session driven by profit-taking on bets against the long suffering U.S. currency.Unexpectedly strong jobs data from Australia appeared to counter the rising market belief the weak dollar was hurting major economies and forcing central banks to stop interest rate hikes, which in turn would bolster the greenback's appeal. Such arguments, driven by Canada's and Australia's decision earlier this week to hold rates unchanged, were seen as triggers for the dollar's rebound from record lows against the euro...
  • Dollar Rises 1 Percent Against Euro, Yen

    12/08/2004 2:52:16 AM PST · by RWR8189 · 7 replies · 706+ views
    Reuters ^ | December 8, 2004 | Carolyn Cohn
    LONDON (Reuters) - The dollar rose one percent against the euro and the yen on Wednesday as investors bought the U.S. currency back in the run-up to the year-end and eyed the impact of the dollar's weakness on other economies.Worries about the United States' ability to fund its huge currrent account deficit have led to persistent weakness in the dollar, taking it to fresh record lows against the euro on Tuesday and five-year lows against the yen last week. But investors are looking to take profits on the climb of a broad spectrum of currencies against the dollar, while...
  • Dollar Tumbles to Record Low Against Euro (Again)

    12/07/2004 3:46:41 AM PST · by RWR8189 · 164 replies · 2,289+ views
    Reuters ^ | December 7, 2004 | Natsuko Waki
    LONDON (Reuters) - The dollar tumbled to a record low against the euro on Tuesday after a warning by euro zone officials on the euro's rise fell on deaf ears, with investors determined to dump the U.S. currency.In a joint statement late on Monday, the European Central Bank and euro zone finance ministers gave their starkest warning to date that they were unhappy with the euro's strength. In an echo of developments that preceded the ECB's maiden intervention in the currency markets of 2000, the statement said policymakers were monitoring the situation closely. But the dollar, under pressure from...