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Friday, November 02, 2007

Dollar Declines Against European Counterparts []

Dollar Declines Against European Counterparts []
Around 2:55 am ET, the US dollar fell sharply against its European counterparts. As of 3:05 am ET, the dollar fetched 1.4464 against the euro, 2.0829 against the Pound and 1.1544 against the Francs.

Loonie Higher Against Majors []
The Canadian dollar strengthened against its major counterparts at about 2:55 am ET. As of 3:25 am ET, the loonie was worth 0.9454 against the greenback, 1.3673 against the euro and 121.19 against the yen.

Canadian Dollar Edges Higher Against Majors []
During the early deals on Friday, the Canadian dollar edged higher against the other major currencies. Italian manufacturing PMI data for October, which was released during the European session, is likely to have an effect of trading in the euro-loonie pair.

Trading Likely To Be Range-bound Ahead Of Key U.S. Data - European Commentary []
The major European index futures are pointing towards a lower opening for the markets on Thursday. But global cues are mixed, with the U.S. stocks closing slightly lower Wednesday, recovering from early weakness, and the major markets across the Asia-Pacific region showing a mixed trend on Thursday.

European Markets Fall On Disappointing Earnings, Weak Commodities - European Commentary []
The European markets fell for the first time in four days on Tuesday, as disappointing earnings reports from companies such as Dassault Systemes, UBS and Royal KPN hurt investor sentiments and falling crude oil and metal prices hit energy and mining stocks.

Yen Weakens Against Majors []
The Japanese yen lost ground against its major counterparts at about 5:10 am ET. As of 5:37 am ET, the yen was quoted at 114.85 versus the greenback, 239.51 against the pound, 99.52 against the franc and 166.30 against the euro.

European Markets Rise On Strong Earnings, Miners - European Commentary []
The European markets rose on Thursday, as upbeat corporate results from companies such as France Telecom and ABB lifted investor sentiments and a rebound in copper prices boosted mining stocks.

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