Dollar Mixed Against Majors [USD]
During the European session on Friday, the US dollar was mixed in trading against its major counterparts. While the dollar surged to an 11-day high against the yen, it lost ground versus the euro and the pound. Against the Swiss franc, the dollar showed choppy trading.
Stocks Gain On Positive Cues From Wall Street - Asian Commentary []
Most of the stock markets across the Asia-Pacific region were trading higher on Friday after the U.S. market extended its rally overnight with moderate gains.
US Stocks Set To Open Higher As Bernanke Remarks Cement Expectation For Rate Cut - US Commentary []
US stocks were set to extend this week's gains on Friday after remarks from Fed Chair Ben Bernanke cemented expectations for a December interest rate cut by the Fed.
Japan Shares Set For Higher Open []
Japan stocks are poised to open marginally higher on Friday off of another positive lead from Wall Street.
Jakarta Stocks May Test New High []
After optimistic comments by U.S. Federal Reserve Chairman Ben Bernanke within the last few hours, investors are hoping that the Indonesian stock market can set a new intra-day high again on Friday when the Jakarta Composite Index kicks off trade.
Friday, November 30, 2007
Dollar Mixed Against Majors [USD]
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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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