Dollar climbs against euro, yen after Labor discloses strong jobs data

Posted On: May 09, 2013
The world's reserve currency surged against the Japanese yen and the shared currency of the European Union on foreign exchange markets on Thursday, propelled higher by uplifting economic data about the labor market of the globe's largest economy, Bloomberg reports. [More]

Category: Industry News

Strong jobs data pushed up dollar against yen

Posted On: May 03, 2013
The monetary unit of the globe's largest economy shot up in value against the Japanese yen on foreign exchange markets on Friday, spurred higher by stronger than forecast jobs data released by that top economy, Reuters reports. [More]

Category: Industry News

Dollar draws down in anticipation of personal spending report release

Posted On: April 29, 2013
The monetary unit of the world's largest economy slumped on Monday on foreign exchange markets against the shared currency of the European Union prior to the release of an economic report regarding personal spending in the U.S. in March, according to Bloomberg. [More]

Category: Industry News

Greenback slumps following weak jobs data

Posted On: April 05, 2013
The world's reserve currency lost value on Friday against the majority of its rival monetary units on foreign exchange markets after tepid employment data caused shivers about the pace of the economic recovery from the Great Recession, Reuters reports. [More]

Category: Industry News

Greenback drops as FOMC prepares to meet

Posted On: March 15, 2013
The value of the world's reserve currency fell to its lowest value in seven days on foreign exchange markets against the common currency of the European Union on Friday as the central bank appeared likely to preserve its economy-spurring measures, Bloomberg reports. [More]

Category: Industry News

Greenback gains after strong February retail sales data

Posted On: March 13, 2013
Stronger-than-anticipated retail sales last month drove up the U.S. dollar on foreign exchange markets on Wednesday as the monetary unit achieved gains against the majority of its rivals, according to Bloomberg. [More]

Category: Industry News

Greenback tracks Dow's gains

Posted On: March 05, 2013
The value of the U.S. dollar pushed to its top rate in nearly six months on foreign exchange markets on Tuesday in the aftermath of economic data indicating domestic service industries develop last month more rapidly than any time in the past 12 months, according to Bloomberg. [More]

Category: Industry News

Greenback gains as data shows recovery continues

Posted On: February 21, 2013
The world's reserve currency emboldened on Thursday on foreign exchange markets as it hurtled toward its top value in about 90 days as economic data showed momentum is picking up the pace in the globe's largest economy, Bloomberg reports. [More]

Category: Industry News

Dollar drops as jobless rate climbs

Posted On: February 01, 2013
The world's reserve currency lost value against the common currency of the European Union on Friday, dropping to its lowest value since November 2011, according to Bloomberg. [More]

Category: Industry News

Dollar rises as investors fear budget battles on Capitol Hill

Posted On: January 03, 2013
The dollar rose to a three-week high against a number of competing monetary units, as concerns regarding more budget battles in Washington, D.C., drove investors to the world's reserve currency [More]

Category: Industry News