Business / Tags / Dollar

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Alcatel-Lucent Hit Hardest by Slump

BUSINESS / NEWS Thu May 1, 2008 @ 8:13am neoform
BusinessWeek -- The telecom equipment maker has been hurt by a weak dollar and a lack of competitiveness in wireless. But the outlook for the sector overall is stronger In an industry buffeted by slowdown, Alcatel-Lucent may be taking more than its share of lumps... Read More
+9
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Euro hits all-time high against U.S. dollar

BUSINESS / NEWS Wed Apr 16, 2008 @ 8:08am neoform
CNN -- The dollar sank to an all-time low against the euro Wednesday with U.S. inflation coming in three times as high as expected in March, on top of escalating food and energy prices. Inflation also rose overseas and the euro reached $1.5966 after the EU's sta.. Read More
+12
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U.S. dollar hits 12-year low against yen

BUSINESS / NEWS Thu Mar 13, 2008 @ 8:20am neoform
MSNBC -- The dollar dipped below 100 yen for the first time in 12 years Thursday and hit record lows against the euro amid a growing consensus that synchronized efforts by central banks will not stop a deterioration in the U.S. economy. The euro exceeded $1.56.. Read More
+7
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Weak dollar hits Airbus maker

BUSINESS / NEWS Tue Mar 11, 2008 @ 8:21am neoform
BBC News -- The European aerospace and defence company EADS has reported bigger than expected losses for 2007 but predicted a recovery in 2008. EADS made a loss of 446m euros ($685m; �341m) last year, compared with a profit of 99m euros in 2006. The weak doll.. Read More
+9
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Oil sets fresh record above $109

BUSINESS / NEWS Tue Mar 11, 2008 @ 8:20am neoform
BBC News -- The price of crude oil has set a fresh record at $109.20, its fifth day in a row of historic highs. New York light sweet crude fell back after hitting the high to trade at $108.75. London Brent set a record at $105.40, before retreating to $105.06... Read More
+11
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Oil reaches a new record high

BUSINESS / NEWS Tue Mar 11, 2008 @ 8:17am neoform
CNN -- Oil prices are at an all new trading high, reflecting an anemic dollar that continues to plunge. Light, sweet crude for April delivery has surged to $109.20 in midday European electronic trading on the New York Mercantile Exchange before falling back to $.. Read More
+14
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The U.S. Dollar: Still Going Down

BUSINESS / NEWS Fri Feb 29, 2008 @ 8:12am neoform
BusinessWeek -- The dollar's weakness does a lot more than alter your vacation plans—and there's good news and bad news in the currency's decline You aren't planning a flight to Düsseldorf anytime soon. Yokohama isn't on your calendar, either. So should you care th.. Read More
+8
Important
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Oil hits record high above $103

BUSINESS / NEWS Fri Feb 29, 2008 @ 8:12am neoform
CNN -- Oil prices briefly surpassed $103 a barrel for the first time Friday as persistent weakness in the U.S. dollar and the prospect of lower interest rates attracted fresh money to the oil market. Light, sweet crude for April delivery on the New York Mercanti.. Read More
+8
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U.S. Treasury's Paulson says economy healthy

BUSINESS / NEWS Sat Nov 17, 2007 @ 10:31am neoform
Reuters -- U.S. Treasury Secretary Henry Paulson said on Friday Washington was following a strong dollar policy and indicated he expected it to rebound, emphasizing the U.S. economy's long-term strength should help the currency. But Paulson warned in a radio inte.. Read More
+8
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Canadian dollar passes US$1.10 mark in overseas trade Wednesday

BUSINESS / NEWS Wed Nov 7, 2007 @ 6:00pm neoform
Yahoo News -- How high will the loonie go? The Canadian dollar's meteoric rise accelerated this week, rising two cents in less than 24 hours. The loonie broke through the US$1.10 barrier in overseas trading Wednesday, initially hitting the 110.02 cents US mark. It d.. Read More
+7
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Dollar sets new record above $1.07 US as unemployment rate drops to 5.8 per cent

BUSINESS / NEWS Sat Nov 3, 2007 @ 12:20pm neoform
canadianpress.google.com -- The Canadian dollar entered uncharted territory Friday after a monster employment report blew the roof off the upper limits for the loonie's potential. With the economy pumping out 63,000 additional jobs in October and the unemployment rate plunging to.. Read More
+13
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Loonie at highest level on record

BUSINESS / NEWS Thu Nov 1, 2007 @ 1:00am neoform
www.reportonbusiness.com -- The seemingly unstoppable Canadian dollar surged to its highest level yet Wednesday, topping 106.17 cents (U.S.). The record came just after 4 p.m., when official trading ended for the day. Officially, the dollar closed at 105.85 cents, up nearly a cen.. Read More
+6
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Dollar hits new low against euro

BUSINESS / NEWS Wed Oct 31, 2007 @ 8:13am neoform
CNN -- The U.S. dollar hit another new low against the euro Wednesday and was mixed against other major currencies in European trading. Gold fell. The euro traded at $1.4444, up from $1.4434 late Tuesday in New York. Earlier the euro rose to $1.4466, its four.. Read More
+6
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To Canada, the U.S. is the new Mexico

BUSINESS / NEWS Sat Oct 27, 2007 @ 10:50pm neoform
CNN -- On Sept. 20, the Canadian dollar, known as the "loonie" for the fowl that adorns it, became equal in value to the American dollar. It was a moment of pride for our polite brethren to the north - the last time the loonie hit parity was 1976 but more imp.. Read More
+6
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Canadian Dollar at Parity With Greenback

BUSINESS / NEWS Fri Sep 21, 2007 @ 9:41am neoform
Yahoo News -- US Dollar Reaches Parity With Canadian Dollar, Falls to Record Lows Against Euro, Indian Rupee For the first time since Gerald Ford was president, the loonie can buy as much as the greenback. The U.S. dollar's recent decline against the Canadian dollar.. Read More
+19
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$1 Cdn = $1 US

BUSINESS / NEWS Thu Sep 20, 2007 @ 12:45pm neoform
CBC -- The Canadian dollar reached parity with the U.S. greenback on Thursday for the first time since November 1976. The loonie briefly reached $1.0003 US on foreign exchange markets shortly before 11 a.m. ET, the Bank of Canada said. The loonie's stint at p.. Read More
+10
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Dollar hits record low against euro

BUSINESS / NEWS Thu Sep 20, 2007 @ 8:22am neoform
BBC News -- The US dollar hit a new record low against the euro as investors sold the currency after the Federal Reserve's hefty interest rate cut. The greenback dropped below the psychologically important $1.40 against the euro, deepening recent losses. The eu.. Read More
+10
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US Dollar Hits Record Low Against Euro

BUSINESS / NEWS Thu Sep 13, 2007 @ 8:28am neoform
New York Times -- The U.S. dollar stumbled to a record low against the euro and was mixed against other major currencies in European trading Thursday morning. Gold was steady. The euro, in its second straight day of record-setting, hit an all-time high of $1.3927 Thursd.. Read More
+9
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Canada dollar getting closer to ours

BUSINESS / NEWS Sun Jun 3, 2007 @ 11:09am neoform
Seattle Times -- The Canadian dollar breached 94 U.S. cents for the first time in 30 years Friday, and analysts speculate it will be worth as much as the struggling U.S. greenback by year's end. But don't look for the high-flying loonie — named for the loon pictured.. Read More
+13
Important
70% Credible

Euro notes cash in to overtake dollar

BUSINESS / NEWS Thu Dec 28, 2006 @ 10:22pm neoform
Financial Times -- The US dollar bill’s standing as the world’s favourite form of cash is being usurped by the five-year-old euro... Read More
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