Foreign Exchange Markets

Caution Keeps Stocks in the Red

The Dow Jones Industrial Average turned positive in the last half hour of trading Friday but markets settled lower as investors sought safety by selling stocks in favor of the dollar and Treasurys. The technology sector was...

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Euro Pares Losses Versus Dollar

The euro recouped some of its overnight losses against the dollar late Friday morning as investors adjusted positions ahead of the shortened U.S. Thanksgiving holiday week. Concerns about the pace of global economic recovery...

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Wall Street: Mixed week ends on a low note

Stocks selloff on Friday as investors respond to mixed economic news and a darkening outlook for technology companies. Stocks fell Friday, capping a mostly down week, as investors remained jittery about the economy and the...

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U.S. markets head lower Friday

NEW YORK, Nov. 20 (UPI) -- U.S. markets tipped lower Friday morning after a week of shaky economic data. The Federal Home Loan Mortgage Corp. said interest rates for fixed-rate loans were at record lows this week, but the...

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U.S. markets lower Friday

NEW YORK, Nov. 20 (UPI) -- U.S. markets pulled back from early losses, but remained in negative territory Friday after a week of shaky economic data. The Federal Home Loan Mortgage Corp. said interest rates for fixed-rate loans...

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InPlay: eBay completes sale of Skype (Briefing.com)

9:02AM Met-Pro Corp misses by $0.05, misses on revs 9.34 : Reports Q3 (Oct) earnings of $0.07 per share, $0.05 worse than the First Call consensus of $0.12; revenues fell 29.3% year/year to $19.8 mln vs the $22.6 mln consensus....

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Trichet tempers European rate rally

Apart from giving the euro a slap in the face Jean Claude Trichet’s remarks about wrapping up the cheap loans awarded to the European banking system a year ago tempered the recent rally in European interest rate futures this...

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U.S. dollar no longer a one-way bet

20 Nov, 2009 @ 11:36 am ET | By Wanfeng Zhou The one-way bet in the U.S. dollar that has lasted several months may be over for now despite distress over its malaise that has stretched from Washington to Paris. This weakness has...

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Real estate agents see return of foreign buyers

By ADRIAN SAINZ AP Real Estate Writer (AP) - "(Foreign investors) love to have everything available to them once they walk out their front door," said Barbara Russo, an agent with The Corcoran Group Real Estate in Manhattan....

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Cuba and the Convertible Peso

Cuba has more than one peso Cuba has always been known as one of the hottest travel destinations in the Caribbean. Before the 1959 revolution, Americans loved to visit Cuba. The island is filled with exotic beaches, fabulous...

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