Dollar set to ride out the storm

Fri, 30 Sep 05 14:00 pm

The dollar is enjoying a period of sustained strength, as US officials expressed confidence in the wake of the hurricane season and gave indications of a steady approach to the interest rate.

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German consensus buoys euro

Thu, 29 Sep 05 14:00 pm

The emerging consensus in the German legislature over who will govern the country gave the euro a boost while the pound made a minor recovery.

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Dollar strengthens on rate talk

Wed, 28 Sep 05 14:00 pm

The major currencies moved comparatively little overnight, although there were positive markers surrounding the dollar amid news on the interest rate.

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Business data lifts euro, dollar still bullish

Tue, 27 Sep 05 14:00 pm

The euro was buoyed this morning by improved business confidence and positive trade figures, but analysts still expect the dollar to remain strong against both main European currencies.

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Pilkington kicks off week of trading updates

Mon, 26 Sep 05 14:00 pm

Trading statements are expected this week from glassmaker Pilkington, retailers HMV and Boots, the London Stock Exchange, United Utilities and National Grid Transco.

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Sterling falls as dollar recovers

Fri, 23 Sep 05 14:00 pm

A difficult 24 hours for sterling saw the pound fall against both the euro and the dollar.

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Calm before the storm

Thu, 22 Sep 05 14:00 pm

Overnight the dollar hovered around the same mark, with investors and analysts pausing amid the calm before the storm.

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Hurricane knocks dollar off course

Wed, 21 Sep 05 14:00 pm

News that the Federal Reserve had raised interest rates failed to mitigate the impact on the dollar of Hurricane Rita overnight, as the storm gathered momentum amid nervous trading.

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Property market buoys pound

Tue, 20 Sep 05 14:00 pm

A comparatively inhibited period of activity on the currency markets saw the dollar dip slightly overnight before recovering, while the pound was bolstered by new economic data.

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Euro stumbles amid German uncertainty

Mon, 19 Sep 05 14:00 pm

The euro has fallen against the dollar in the last 24 hours, with the uncertainty generated by the German election weighing heavily on the currency.

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Economic concerns drive dollar down

Fri, 16 Sep 05 14:00 pm

The dollar suffered overnight amid growing expectations that the US economy is facing further difficulties, with rising energy prices and ebbing consumer confidence unsettling investors.

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Sterling stumbles amid poor retail sales

Thu, 15 Sep 05 14:00 pm

Sterling recorded a ten-week high against the euro, but fell further against the dollar overnight as emerging news from the British high street proved disappointing.

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US trade data drives dollar

Wed, 14 Sep 05 14:00 pm

Improving trade figures saw the dollar make the major moves overnight among the leading currencies, although many investors are still holding out for further data ahead of any forecasts.

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Sterling hits high as euro stumbles

Tue, 13 Sep 05 14:00 pm

Sterling rode high in the last 24 hours against the euro, although fared less well in relation to the dollar.

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