Euro Rebounds Versus Dollar On Increased Risk Appetite [EUR/USD]

Euro Rebounds Versus Dollar On Increased Risk Appetite [EUR/USD]
The euro raced higher versus the dollar as US stock futures indicated a positive open on Wall Street Friday morning. With risk appetite picking up, the higher-yielding euro wiped out its early losses, rising to 1.4660 from a 3:00 am ET low of 1.4580.

Greenback Higher Against Currencies Of Most Emerging European Economies, Declines Versus South African Rand []
The US dollar strengthened against most of emerging European market currencies early Friday. However, the buck was down against the South African rand in the early trading.

Miners, Financials Drag Lead TSX Lower In Early Dealing Friday []
Toronto's TSX Composite Index has declined in early dealing Friday morning, adding to this week's considerable losses as traders continue to express concerns about that the Canadian economy may be in for a rough patch.

Swiss Currency Strong Versus Yen Friday [CHF/JPY]
In trading against the yen on Friday, the Swiss currency saw strength. The advance brought the franc to a mark of 98.82 as action progressed. The Japanese leading index fell to zero in September from 27.3% registered in August. Friday's report confirmed the prior estimate.

Sterling Declines Against Majors [GBP]
The British currency weakened against its major counterparts during the European deals on Friday. The sterling dipped to an 8-month low of 2.2852 against the franc and new multi-year low of 0.7179 against the euro.

Swiss Currency Mostly Choppy Friday Morning [USD/CHF]
The Swiss franc was mostly mixed against its world counterparts on Friday as retail sales data for the area was released. The currency traded into the mid-morning in New York.

European Markets Fall As Dollar Hits Record Low Against Euro - European Commentary []
The European markets fell on Wednesday, as insurance and automotive stocks declined after the U.S. dollar dropped to a record low against the euro and airlines stocks slipped after crude oil prices breached the $98 a barrel mark.

Swiss Currency Choppy Versus Sterling [GBP/CHF]
Versus the sterling on Friday, the Swiss currency saw little direction. As action moved into the mid morning, the franc held between a high of 2.2870 and a low of 2.2950. U.K. house price inflation is expected to drop to zero percent by November 2008 from the current rate of 9.7%.

Japanese Market Falls On Weak Lead From U.S., Stronger Yen []
Friday, Tokyo shares opened sharply lower, tracking the fall on Wall Street overnight. The appreciation of the yen and uncertainty about the government's fiscal policy also weighed on market sentiment.