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Thursday, November 01, 2007

Japanese Yen Moving Higher Against U.S. Dollar []

Japanese Yen Moving Higher Against U.S. Dollar []
The Japanese yen is pushing to higher ground against the U.S. dollar. The yen is trading in New York at 115.39 to the greenback, regaining ground lost in the last few hours.

Thai Stocks Wait On Fed Decision []
Little movement is expected when the Thai stock market opens trade on Wednesday as caution reigns supreme ahead of the U.S. Federal Reserve's decision on interest rates later in the day.

Hang Seng To Threaten 32,000 Points []
Hong Kong's stock market saw its string of record closes come to a close on Wednesday, but investors expect the Hang Seng Index to soar into record territory when the market opens Thursday. On the heels of the U.S. Federal Reserve's decision to cut interest rates by 25 basis points, analysts are calling for the index to again test and perhaps crack the 32,000-point plateau.

New Zealand Stocks Looking For Positive Reaction To Fed Rate Cut []
New Zealand Shares are poised to join other markets in the Asia Pacific region in a higher open on the back of Wednesday's 25 basis point reduction in key interest rates by the U.S. Federal Reserve.

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.

South Korean Won Declines Against Dollar [USD/KRW]
The South Korean Won declined against the US dollar in the early Asian deals on Thursday. The Won hit a low of 903.10 by about 10:00 pm ET, compared to 900.70 late Wednesday in New York. The Won then gained slightly and the pair is worth 901.90 as of now.

Profit Taking Contributes To Some Weakness In Morning Trading - U.S. Commentary []
Stocks have come under pressure over the course of morning trading on Tuesday, with the major averages giving back some ground after trending higher in recent sessions. Profit taking has contributed to the downward move, although selling pressure has remained relatively subdued.

Yen Mixed In Trading Against Majors []
The Japanese Yen showed a mixed trading against its major counterparts on Thursday morning in Asia. While the Yen moved sideways against the Swiss Franc, it dropped against the rest of majors. However, at about 9:00 pm ET, the Yen reversed the losses against the euro.

Stocks Trade Lower Ahead Of U.S. Federal Reserve's Interest Rate Decision - Asian Commentary []
Wednesday, stock markets across the Asia-Pacific region were trading flat, tracking the losses on Wall Street overnight. The investor were also exercising caution ahead of the U.S. Federal Reserve's and Bank of Japan's interest rate decisions. While it is widely expected that the Fed will cut interest rate by 25 basis points, the Bank of Japan is expected to hold interest rate.

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