Markets Stage Considerable Recovery - U.S. Commentary []

Markets Stage Considerable Recovery - U.S. Commentary []
Volatility once again dominated the U.S. stock markets on Thursday, as the major averages were able to climb off severe losses in afternoon trading but still ended the session in negative territory.

Weakness In Financials And The Dollar Send Stocks Sharply Lower - U.S. Commentary []
Wall Street continues to move lower on Wednesday, as concerns about just how far the dollar will fall and renewed worries within the credit markets send stocks lower.

Hungarian Forint Advances Against Dollar [USD/HUF]
Against the US dollar, the Hungarian Forint advanced during the Asian deals on Tuesday. The Forint added to its gains in the early European session. The dollar-forint pair that closed yesterday's deals at 175.09 is now trading at 173.48. If the Hungarian currency moves further higher, it may test the near term resistance level seen around 172.5.

Stocks End The Session Firmly In The Red On Late-Day Weakness - U.S. Commentary []
After experiencing choppy trading for much of the session, the U.S. stock markets came under pressure late in the trading day on Monday. The major averages all moved to the downside, with the Nasdaq moving firmly into negative territory.

Euro Mixed Against Majors Ahead Of French CPI [EUR]
The French consumer price index data for the month of October is expected at 2:45 am ET. Ahead of the release, the euro was down against the yen and the franc, but gained against the dollar and the sterling. As of 2:40 am ET, the euro was quoted at 1.4618 against the dollar, 1.6438 against the franc, 0.7079 versus the sterling and 160.77 versus the yen.

Markets Down Sharply In Early Trading - U.S. Commentary []
The U.S. stock markets have opened significantly lower on Wednesday, as oil reaches record intraday highs, oil slumps to record lows, and General Motors (GM) shocks the street by posting a $39 billion quarter loss.

Euro Mixed Against Majors Amid French CPI [EUR]
Amid the release of the French consumer price index data for the month of October, the euro was mixed against its major counterparts. While the euro gained against the sterling and the US dollar, but it slipped against the other majors. As of 2:50 am ET, the euro was quoted at 1.4633 against the dollar, 1.6445 against the franc, 0.7081 versus the sterling and 161.02 versus the yen.

European Markets Rise On Strong Earnings, Miners - European Commentary []
The European markets rose for the first time in four days on Tuesday, as forecast-beating earnings from companies such as Swiss Re and Vestas Wind Systems lifted investor sentiments and mining stocks rallied on rising copper and gold prices.

Financials Pull Markets Lower - U.S. Commentary []
Credit concerns continue to plague the markets on Friday after one of the nation's biggest banks announced further write-downs due to the housing market meltdown.

Markets Poised For Slightly Higher Opening On Monday - U.S. Commentary []
Wall Street is headed for a modestly higher opening on Monday, following a disastrous week for stocks that saw the Nasdaq fall more than 6 percent.