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FOREX-Dollar down on soft ADP ahead of U.S. jobs report - Forbes

NEW YORK (Reuters) - The dollar dropped against the euro Wednesday after a report showed the U.S. private sector shed more jobs than expected in June, which may diminish the likelihood of a rate increase by the Federal Reserve. The ADP Employer ...

Bernanke Plays `Dangerous Game' Balancing Rate Talk With Action - Bloomberg

June 24 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke , by voicing concern about inflation and the slumping dollar, has fanned investor expectations for an interest-rate increase as soon as August. He may regret it. Raising rates may ...

FOREX-Trichet rate hike signal sparks broad euro rally - Forbes

NEW YORK (Reuters) - The euro surged Thursday after European Central Bank President Jean-Claude Trichet signaled a July rate increase for the euro-zone, undercutting a recovery in the dollar that had started to gather steam. Trichet's hawkish remarks ...

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