Indian Rupee Touches 1-month Low Against Greenback [USD/INR]
The Indian rupee edged down against the US dollar in the early Asian deals on Tuesday. The dollar-rupee pair that closed yesterday's deals at 39.59 hit 39.9050 at about 10:35 pm Eastern Time. This marked a 1-month low for the Indian rupee. Thereafter, the pair showed a choppy trend and is now worth 39.86.
Australian Stocks Look To Build On Gains []
Australian shares look to add to their upward momentum on Tuesday, albeit with a sharp negative lead-in from Wall Street.
Swiss Franc Higher Against Majors Amid Swiss UBS Consumption Indicator []
Amid the release of the Swiss UBS Consumption Indicator data for the month of October, the franc gained against its major counterparts. As of 4.05am ET, the franc was worth 1.1012 against the dollar, 1.6328 against the euro, 2.2792 versus the sterling and 98.25 versus the yen
Franc Down Versus Majors Amid Swiss Economic Data [CHF]
Following the release of Swiss October producer and import prices data, the franc declined against its major counterparts. As of 3:15 am ET, the Swiss unit was worth 1.1013 against the dollar, 1.6337 versus the euro, 2.2795 against the pound and 98.15 versus the yen.
Swiss Franc Mixed In Trading Against Majors [CHF]
The Swiss franc was mixed against its major counterparts during the European session on Tuesday. The franc gained versus the euro, but it slipped against the rest of majors.
Dollar Rallies Against Swedish Currency [USD/SEK]
The US dollar rallied against the Swedish Krona in European trading on Tuesday. Reversing today's early Asian trend, the US dollar fell to a new multi-year low of 6.2168 against the Swedish currency by about 10:40 pm ET Monday. The greenback then moved up and reached as high as 6.2823 by about 3:35 am ET.
Japanese Market Closes Sharply Higher []
Monday, Tokyo shares closed sharply higher on bargain hunting following recent declines and a news report that China may invest in Japanese equities. The benchmark 225-issue Nikkei index gained 246.44 points or 1.66% to settle at 15,135.21. The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 29.65 points or 2.06% to finish at 1,467.03.
Stocks Poised For A Modestly Higher Opening - U.S. Commentary []
Wall Street is headed for a higher opening on Monday, as investors find optimism in strong retail sales to kick off the holiday shopping season.
KOSPI Seen To Follow Region South []
The South Korean stock market emphatically snapped a seven-day losing streak on Monday - but the celebrations are now mute as investors are looking for the KOSPI's tumble to resume on global cues when the market opens on Tuesday.
Stocks Turning In Lackluster Performances - U.S. Commentary []
Stocks are turning in a lackluster performance on Monday, as worries concerning the credit markets offset any optimism generated by a strong start to the holiday shopping season.
Tuesday, November 27, 2007
Indian Rupee Touches 1-month Low Against Greenback [USD/INR]
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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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