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FOREX-Dollar gains on safe haven bid on US weekly claimsReutersBy Nick Olivari NEW YORK, April 30 (Reuters) - The dollar gained on Thursday amid slight safe haven flows after a government labor report indicated that employment remains weak and that the economic recovery is not imminent. …
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FOREX-Dollar, yen fall; demand for risky assets growsReutersBy Jessica Mortimer LONDON, April 30 (Reuters) - The dollar and the yen fell broadly on Thursday as growing hopes that the global economy may be over the worst of the recession diminished the attraction of those currencies perceived to be safer assets. …
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Covidien FY 2Q Net Dn 30% Amid Forex, Imaging System Woes>COVWall Street JournalCovidien Ltd. (COV) reported Thursday that its fiscal second-quarter net income plunged 30% as the stronger dollar ate into overseas results and sales dropped at its struggling imaging-systems segment despite strong sales of its generic version of …
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SK Telecom's Net Falls 17% on Forex LossesWall Street JournalBy JUNG-AH LEE SEOUL — SK Telecom Co. said its first-quarter net profit fell 17% from a year earlier mainly due to foreign-exchange losses stemming from its large overseas debt. But the company's operating profit picked up thanks to lower marketing …
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WORLD FOREX: Rising Risk Appetite Hits Dlr, Yen; Helps EuroWall Street JournalBy Nicholas Hastings Of DOW JONES NEWSWIRES LONDON (Dow Jones)–Rising risk appetite is pushing the dollar and the yen lower and helping the euro and other high-yielders higher in Europe Thursday. The improved sentiment was being driven by optimism …
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FOREX-Dollar slides broadly as risk demand picks upReuters"We've seen the stabilisation in the market, so the downside momentum is slowing, that is what the leading indicators are telling us, be it in the US or the euro zone," said Michael Klawitter, senior forex strategist at Dresdner Kleinwort in Frankfurt. …
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