Franc Bounces Against Sterling [GBP/CHF]
Versus the sterling, the Swiss currency saw little direction in trading on Friday morning. The franc bounced between a high of 2.3999 and a low of 2.4069. The UK CIPS/NTC Construction Purchasing Manager's Index posted a less than expected reading of 57.4 in October.
Markets Rise On Interest Rate Optimism - U.S. Commentary []
The markets saw a modest increase on Monday, as investors took hope in a possible interest rate reduction and largely ignored another record high for oil prices.
Stocks Rise In Recent Trading, However, Financials Continue To Depress - U.S. Commentary []
Financials continue to lead the markets lower on Friday, offsetting a strong jobs report for October after negative news from Merrill Lynch (MER) generated selling pressure in the markets.
Markets Are Hoping For A Treat From The Fed - U.S. Commentary []
Stocks continue to move to the upside on Wednesday, as investors anxiously await the Federal Reserve's decision on interest rates. Further upward momentum came from an unexpectedly strong report on GDP growth within the U.S.
BMO Capital Markets Comments On US Payrolls Data, Says Report Is Hopeful Sign []
Sal Guatieri from BMO Capital Markets commented on Friday that U.S. nonfarm payrolls rose nearly twice as fast as expected in October, up 166,000 after a four-month string of tepid advances.
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Dollar trims gains, as US data disappoints
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On Friday the dollar declined versus its rivals, after data signaled the
U.S. economy grew at a slower rate than expected in the fourth quarter,
driving fr...
10 years ago
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