| Dow Rises for Third Consecutive Week (at CNBC) US stocks posted modest gains during the first week of August, led by the S&P 500 index with a gain of 1.82%. Within the S&P, health care and energy companies rose the most. Pork belly future contracts jumped 18% for the week, while the dollar fell to a 15-year low against the Japanese yen. us.rd.yahoo.com |
Currencies: Australian dollar shrugs off inconclusive election (at MarketWatch) The Australian dollar claws back most of losses against its U.S. counterpart, after initially having fallen in the wake of Saturday s indecisive national election. us.rd.yahoo.com |
Currencies: Dollar rises from six-month low vs. euro [at MarketWatch] - The U.S. dollar gains on renewed worries about the impact of the single-currency region s ongoing debt woes. us.rd.yahoo.com |
Treasury forex report to be delayed-Senate aide The U.S. Treasury Department has decided to delay a much-anticipated report about whether to label China or any other foreign country a currency manipulator, a Senate aide said on Friday. us.rd.yahoo.com |
Euro Dragged Down Toward Key Psychological Level Investors cast their votes of disapproval for the Irish bailout plan by bashing the euro, and worries of further contagion sent spreads on peripheral and other European debt wider. us.rd.yahoo.com |