Mobile | RSS
You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

Business

  • Ossian food firm seeks to regroup
    A Wells County meat processor refuses to be put through the grinder.Ossian Smoked Meats Corp.Today 3:00 am
  • GM changing pay, pensions
    General Motors Co. plans to freeze its U.S. pension plan for longtime white-collar workers and give all salaried employees annual bonuses but not pay raises in an effort to hold down expenses, officials announced Wednesday.Today 3:00 am
  • Tracking problems dog UPS
    UPS is reporting widespread, scattered technical problems affecting tracking and processing of packages. United Parcel Service Inc.Today 3:00 am
Advertisement
Last updated: September 3, 2010 7:14 a.m.

Euro steady ahead of U.S. jobs report

Associated Press

BERLIN (AP) — The euro is barely changed against the dollar as markets focus on the upcoming release of a closely watched U.S. jobs report.

The euro bought $1.2815 in Friday morning European trading, close to its level of $1.2812 in New York late Thursday. The British pound edged up to $1.5411 from $1.5389 and the dollar was unchanged at 84.23 Japanese yen.

The dollar was trading within a tight range ahead of the Labor Department's release later Friday of August employment figures. The dollar has slid this summer as a string of reports on the U.S. economy showed growth slowing.

The euro showed little movement Thursday after the European Central Bank, as expected, left interest rates untouched and kept in place efforts to supply banks with credit.

© Copyright 2012 Associated Press. All rights reserved. Neither this material nor its presentation may be published, broadcast, rewritten or redistributed.
Share