Dollar drops, euro rallies on U.S. jobs data, crisis hopes
NEW YORK - The dollar fell on Friday as better-than-expected U.S. jobs growth in July and hopes that European authorities could contain the region's debt crisis had investors embracing risk, causing the biggest one-day gain in a month for the euro.
Global stocks, oil jump on U.S. job gains, Europe optimism
NEW YORK - World stocks rallied, U.S. oil jumped nearly 5 percent and the euro surged on Friday on news U.S. employers increased hiring in July by the most in five months and on renewed optimism that Europe was closer to action on its debt crisis.
Stocks hit three-month high, cheered by U.S. jobs data
LONDON -The FTSE 100 hit a three-month high on Friday, as better-than expected U.S. non-farm payrolls helped markets recover their appetite for risk.
Sterling falls to 3-week low against firmer euro
LONDON - Sterling fell to a three-week low against a firmer euro on Friday, with markets turning more optimistic about the prospect of future intervention by the European Central Bank to lower sky-high Spanish and Italian borrowing costs.
BOJ policymaker warns of yen rise pain, uncertainty over recovery
KANAZAWA, Japan - Europe's simmering debt crisis may delay a pick-up in external demand which is crucial to Japan's economic recovery, a Bank of Japan policymaker said, underscoring the central bank's growing concern as the global slowdown persists.
LIVE COMMENTARY
- Coalition faces rift over political reform
- Syrian artillery, aircraft pound rebels in Aleppo
|
- Spain inches towards a full EU bailout
- Iran tests short-range missile with new guidance system
- Apple's Jobs was open to making a smaller iPad - executive
|
- Dibaba takes 10,000 gold, U.S. top medal table
- Greek central banker says country being "defamed"
- Jetliner feud deepens as Boeing grabs key Airbus client
- Fiscal pact headache to weigh on Hollande holiday
- RBS confirms it sacked staff over Libor rigging scandal
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and
