Greenback Falls Against Aussie [AUD/USD]

Greenback Falls Against Aussie [AUD/USD]
The greenback dropped against the aussie on Friday in New York. The greenback dropped below a short-term range at around 8:30 a.m. ET following the release of employment data in the U.S. The pair is moving at 0.9250. Data showed October non-farm payrolls were up 166,000, while the unemployment rate came in at 4.7%.

Financials Offset Jobs Report Optimism - U.S. Commentary []
The markets are mixed on Friday, as weakness in financials is contributing to losses by the Dow and S&P, while strength in technology drives the Nasdaq to modest gains.

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.

Yen Bounces Back Versus Majors Amid Diminished Risk Appetite [USD/JPY]
The yen tumbled in early dealing versus other majors but manged to pare its losses around mid-morning as equities markets weakened, sparking interest in the safer lower yielding Japanese currency.

Stocks Poised To Fall In Early Trading - U.S. Commentary []
Stocks are pointing for a lower opening on Thursday, as the Fed-induced rally loses steam amid rising oil prices and disappointing quarterly results from several companies.

Swiss Currency Mixed Versus Counterparts On Friday Morning In New York [USD/CHF]
The Swiss currency was mixed against its counterparts in trading on Friday morning in New York. The franc moved as consumer price index data was released for the area for October.

Dollar Hits New 26-year Low Versus Sterling; Nears 2.09 Mark [GPB/USD]
The dollar hit a fresh 26-year low against the sterling Friday afternoon, extending a 2-week downtrend that has seen the dollar fall more than 6 cents. The dollar slipped to 2.0891 by 3 pm ET, down from an overnight level near 2.08.

Wachovia Remarks Duration Of Unemployment Suggests Labor Market Near Equilibrium []
John Silvia from Wachiova remarked Friday that jobs rose 166,000 in October with strength in services and declines in manufacturing and construction. Wages were up 0.2 percent and 3.8 percent year-over-year. This is reassuring to inflation hawks, Silvia commented, and suggested that real GDP growth will be below trend in the fourth quarter.

Stocks Seeing Considerable Volatility Follow Fed Announcement - U.S. Commentary []
After seeing significant strength throughout much of the session on Wednesday, the U.S. stock markets have seen considerable volatility following the Federal Reserve's announcement of its latest decision on interest rates.

Dollar Hits Record Lows Versus Euro And Loonie, 26-year Trough To Sterling [EUR/USD]
The dollar continued to show weakness against the euro, sterling and loonie Friday in New York as traders assessed key employment data from the US.