Tuesday, April 25, 2006

Dollar Rises on Speculation U.S. Reports Will Signal Growth, Higher Rates
April 26 (Bloomberg) -- The dollar rose against the euro and yen on speculation U.S. economic reports today will back the case for the Federal Reserve to raise interest rates twice more. Reports on U.S. new home sales and durable goods orders may quash sp
Bloomberg

Japanese Stocks Inch Up; Dollar Rises
AP (Wed 12:11am)

AT&T Launches Faster DSL Speed
AP (Wed 1:20am)

Euro Firms, USD Mixed
Forex

S Korean growth eases won concerns
Strengthening domestic demand helped propel growth in South Korea by a faster-than-expected 1.3 per cent during the first three months of the year, suggesting growth in Asia’s fourth largest economy was becoming more balanced.
Financial Times

Dollar May Advance on Speculation Reports Will Signal U.S. Economic Growth
April 26 (Bloomberg) -- The dollar may rebound from a seven-month low against the euro and rise versus the yen on speculation U.S. economic reports today will back the case for the Federal Reserve to raise interest rates twice more this year. Reports on U
Bloomberg

Office Depot 1Q Profit Up 12 Percent
AP (Tue 6:24pm)

DuPont posts lower profit but ups forecast
Reuters (Tue 8:18pm)

Japanese Stocks Higher, Dollar Mixed
AP (Tue 9:05pm)

Tomorrow's Economic Releases: Durable Goods Key US Data
DailyFX Economic Release Alerts 04-25-2006   1. Australia Consumer Prices 2. UK GDP 3. US Durable Goods 4. New Zealand Rate Decision     Australia Consumer Prices (1Q) (01:30...
Forex Capital Markets - Tuesday April 25, 2006, 9:36 pm

Yen Retraces Against All Majors
After Monday’s extensive moves, the Japanese Yen gave back a small portion of its gains against the majors today.  In general, over the past few months, moves to the downside in dollar...
Forex Capital Markets - Tuesday April 25, 2006, 9:45 pm

Dollar mixed as euro jumps
NEW YORK (AFP) - The dollar fell to a seven-month low against the euro after a stronger-than-expected report on business confidence in Germany upstaged robust US data. Following the release of the...
AFP Finance News - Wednesday April 26, 2006, 7:56 am

Euro Strengthens as European Central Bankers Suggest More Rate Increases
April 25 (Bloomberg) -- The euro strengthened to a seven- month high against the dollar and gained versus the yen after European Central Bank council members suggested an accelerating economy may prompt them to keep raising interest rates. ``A strengtheni
Bloomberg

JetBlue Posts 2nd Straight Quarterly Loss
AP (Tue 4:28pm)

Ingram Micro 1Q Profit Rises
AP (Tue 4:33pm)

Dow Closes Down 53, Nasdaq Ends Down 3
AP (Tue 5:28pm)

Euro gains against dollar, hits seven-month high
LONDON (AFP) - The euro hit a seven-month high point against the dollar, but the US currency recouped some of its fall later in the day after data showed robust consumer confidence in the United...
AFP Finance News - Wednesday April 26, 2006, 2:52 am

Dollar stabilises on Asian FX appreciation concerns
The under-fire dollar stabilised thanks to a combination of robust US economic data and signs that Asian nations are already becoming worried about the speed of the dollar’s decline.
Financial Times

Dollar Rises Against Yen After Home Sales, Consumer Confidence Increase
April 25 (Bloomberg) -- The dollar strengthened from a three-month low against the yen after reports showed sales of previously owned homes and consumer confidence unexpectedly increased. The U.S. currency slumped earlier on expectations signs of slower g
Bloomberg

Facts About Redbox DVDs
AP (Tue 12:20pm)

Nestle Reports 14 Percent Rise in 1Q Sales
AP (Tue 12:26pm)

Middle East Airline Plays Waiting Game
AP (Tue 12:35pm)

JetBlue Posts 1Q Loss on High Fuel Costs
AP (Tue 1:00pm)

Stocks Tumble in Early Afternoon Trading
AP (Tue 1:26pm)

Asian currency rally halted by intervention
A rally among Asian currencies petered out as politicians in both Japan and South Korea appeared to be unnerved by the speed of recent moves. The dollar steadied against the euro after hitting a fresh seven-month low.
Financial Times

South Korea economy grows 1.3% in first quarter
Strengthening domestic demand helped propel growth in South Korea by a faster-than-expected 1.3 per cent during the first three months of the year, suggesting growth in Asia’s fourth largest economy was becoming more balanced.
Financial Times

Dollar Falls to Seven-Month Low Versus Euro Ahead of U.S. Housing Report
April 25 (Bloomberg) -- The dollar declined to a seven-month low against the euro and dropped for a third day against the yen ahead of U.S. reports that may show consumer confidence fell this month and existing home sales slipped in March. Signs of slower
Bloomberg

Indonesian Shares Rise
AP (Tue 7:52am)

Stock Futures Steady Ahead of Bell
AP (Tue 8:30am)

Gold and silver push higher
Reuters (Tue 8:39am)

South Korea's Economic Growth Slows
AP (Tue 8:44am)

Japanese Yen Crosses Plummet
Daily FX (Tue 9:10am)

Euro Steady with Heavy Data
The euro remained fairly steady in early trading today despite better than expected business sentiment data.  Positive IFO survey data reached a 15 year high recording a reading of 105.9...
Forex Capital Markets - Tuesday April 25, 2006, 9:51 am

IFO Record Fails to Rally the Euro
Talking Points   ·          IFO at 15 year highs ·          EZ Current Account deficit...
Forex Capital Markets - Tuesday April 25, 2006, 10:13 am

Pound Slips after CBI Release
The pound saw mild declines early Tuesday after mixed economic data from UK.  The CBI report for April showed a rise in total orders to -11 from -15 the month prior but the export component...
Forex Capital Markets - Tuesday April 25, 2006, 10:30 am

Euro strikes seven-month high against dollar
LONDON (AFP) - The euro hit a seven-month high point against the dollar after a key business survey revealed further economic strengthening in Germany, the eurozone's biggest economy. The dollar...
AFP Finance News - Tuesday April 25, 2006, 10:15 pm

FX Turns to IFO, US Home Sales
Forex

Dollar Trades Little Changed Ahead of Confidence and Housing Reports
April 25 (Bloomberg) -- The dollar was little changed ahead of U.S. reports that may show consumer confidence fell this month and existing home sales slipped in March. Signs of slower growth may boost speculation the Federal Reserve is close to the end of
Bloomberg

Nestle Q1 sales rise more than expected
Reuters (Tue 3:13am)

Euro Back Below $1.24 in Europe Trading
AP (Tue 4:42am)

Taiwan Shares Drop 0.5 Percent
AP (Tue 4:46am)

Japanese Stocks Recover Modestly
AP (Tue 5:28am)

Yen Still Strong
The yen has continued to strengthen against the dollar today despite lackluster inflation data from Japan.  The Corporate Service Price data came out slightly lower than expected but had...
Forex Capital Markets - Tuesday April 25, 2006, 6:24 am

US Dollar Stabilizes
·          Euro Rejected at 1.2400 ·          Japanese Yen Has Its...
Forex Capital Markets - Tuesday April 25, 2006, 9:01 am