Canadian Stocks End Dismal Week With A Whimper Friday - Canadian Commentary []
Canadian stocks finished a dreadful week on a relatively lackluster note, bouncing back and forth around the unchanged line throughout the session before closing just above water. Traders were hesitant to jump back into equities amid fears about a recession in the US and the negative impact of a stronger loonie.
Dollar Gains On Euro And Sterling Friday Morning As Global Stocks Tumble [EUR/USD]
The dollar gained on the euro and sterling while seeing little change against the yen and loonie Friday morning in New York. Trading took place amid steep losses for stocks in Asia and Europe, which prompted more risk aversion.
Swiss Currency Choppy In Trading Versus Euro [EUR/CHF]
The Swiss franc saw little movement in action against the euro on Friday as trading moved into the mid-afternoon. The franc bounced between a high o f 1.6390 and a low of 1.6410. The pair moved as the number of employees in German manufacturing units rose 1.9% on year in September.
Euro Unchanged Versus Dollar, Hits Fresh Multi-year High Versus Sterling Friday Morning [EUR/USD]
The euro gave back its early gains versus the dollar but added to its multi-year highs against the struggling sterling Friday morning in New York. Traders considered data showing that the euro zone's trade surplus jumped in September.
Sunday, November 18, 2007
Canadian Stocks End Dismal Week With A Whimper Friday - Canadian Commentary []
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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