ARIZONA COMPANIES - WORLD FOREX: Euro Extends Gains Vs Dlr On US Stocks - Wall Street Journal ARIZONA COMPANIES - WORLD FOREX: Euro Extends Gains Vs Dlr On US Stocks - Wall Street Journal

Friday, February 6, 2009

ARIZONA COMPANIES - WORLD FOREX: Euro Extends Gains Vs Dlr On US Stocks - Wall Street Journal

NEW YORK (Dow Jones)--The euro gained to session highs against the dollar and yen Friday morning after U.S. stocks opened strong and the appetite for risk grew. The Dow Jones Industrial Average was recently up more than 80 points on the day in BUSINESS NEWS >

LONDON, Feb 6 (Reuters) - The dollar was hemmed into tight ranges against the euro and yen on Friday, with caution prevailing ahead of U.S. jobs data which is expected to underscore a grim economic picture. Rising equities suggested a slight in BUSINESS NEWS >

NEW YORK, Feb 6 (Reuters) - The U.S. dollar rose versus the yen on Friday as a report showing deterioration in the U.S. labor market boosted investors' expectations for further government intervention to stimulate the economy. U.S stocks also rose in BUSINESS NEWS >

New Delhi: Exporters finding it difficult to access foreign currency loans need no longer despair, as the Reserve Bank has raised the interest rate ceiling at which banks can raise export credit in the global market. RBI has allowed banks to raise in BUSINESS NEWS >

NEW YORK (Dow Jones)--The yen fell to session lows versus the euro and dollar after the January U.S. jobs report boosted U.S. stocks futures and currency traders took advantage of the spark in risk appetite. The yen is considered a safe-haven in BUSINESS NEWS >

NEW YORK (Reuters) - The U.S. dollar rose versus the yen on Friday as a report showing deterioration in the U.S. labor market boosted investors' expectations for further government intervention to stimulate the economy. U.S stocks rose after the in BUSINESS NEWS >

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