November 14, 1986 |
The U.S. dollar closed mainly lower in European trading today with dealers remaining skeptical about the performance of the American economy. Gold prices were mixed. In Tokyo, where trading ends before Europe's business day begins, the dollar fell to a closing 161.57 Japanese yen from Thursday's 161.65. Later, in London, it was quoted higher at 162.05 yen. Other late dollar rates in Europe, compared to late Thursday were: 2.0125 West German marks, down from 2.0150; 1.
October 6, 1987 |
The U.S. dollar closed lower against key foreign currencies in European trading Tuesday. Gold prices edged higher. Currency dealers predicted little movement in the dollar until U.S. trade figures for August are released next week. In Tokyo, where trading ends as Europe's business day begins, the dollar fell 0.20 yen to a closing 147.00 yen. Later, in London, it was quoted at 146.55 yen. One British pound cost $1.6315 in London on Tuesday, more than late Monday's $1.6245.
May 8, 1985 |
The dollar edged up in quiet trading early today a day after a sharp setback that dealers attributed to technical factors. Gold prices were little changed. Dealers said that lacking any important news on interest rates or the health of the U.S. economy, the markets were likely to keep the currency within a narrow range. In Tokyo, where trading ends before Europe's business day begins, the dollar fell to a closing 252.75 yen from Tuesday's 254.15. Later, in London, it was quoted at 253.05 yen.
March 16, 2000 |
Any time highflying stocks slide almost 10% in just three days, it's natural to wonder whether sellers are flooding out of the woodwork to dump shares. But amid the Nasdaq composite index's fast 9.2% decline this week, investors should instead be asking where all the buyers went. Indeed, traders say this week's sell-off is due not so much to a herd of investors panicking out of stocks as to a sudden lack of buyers.
February 14, 1985 |
The dollar retreated amid widespread profit-taking early today after seven straight days of record-breaking gains. Gold was a shade higher. Dealers said trading was moderately active as investors sought to cash in on the dollar's surge, which took it above 10 French francs and 2,000 Italian lire for the first time ever and 3.30 West German marks for the first time in 13 years. Dealers said investors seemed worried about the prospect of further central bank intervention.
September 24, 1985 |
The U.S. dollar stabilized in early trading today, a day after its biggest one-day slide in more than 12 years. Gold prices gained. By the time markets opened in Europe, the dollar had steadied. It was trading at higher levels than the depths it reached in U.S. trading but was mixed in comparison with Monday's earlier European close. Still, the West German Bundesbank sold $46.6 million at the daily fixing. There was no intervention, however, on the open market.
March 22, 1988 |
The dollar fell against all major currencies except the Canadian dollar in quiet trading Monday, mirroring a selloff in both the stock and bond markets. Gold prices jumped as much as $5 an ounce in active trading, spurred by a rally in oil prices. Republic National Bank of New York quoted a bid price for gold of $449.45 an ounce as of 4 p.m. EST, up from $444 an ounce late Friday.
February 9, 2001 |
Mcglen Internet Group Inc., a Tustin specialty technology company, said Thursday that its stock may be removed from Nasdaq and that it has requested an oral hearing before a Nasdaq National Market panel to halt the delisting. The company said in a press release that it has been notified that it didn't meet minimum bid price requirements for continued listing on the Nasdaq SmallCap market.