Pound Down Against US Dollar, Higher Versus Rest Of Majors Ahead Of British Third Quarter GDP Data [GBP]

Pound Down Against US Dollar, Higher Versus Rest Of Majors Ahead Of British Third Quarter GDP Data [GBP]
Ahead of the release of British third quarter GDP data, the pound showed mixed trading. The pound was down against the greenback but gained versus its rest of the major counterparts. As of 4:25 am Eastern Time, the sterling was worth 2.0632 versus the US dollar, 2.2743 against the franc, 223.84 versus the yen and 0.7186 against the euro.

Stocks End Mixed Amid Volatiliy; Shanghai Plunges 4.4% - Asian Commentary []
Thursday, stock markets across the Asia-Pacific region closed a volatile trading session mixed after the U.S. markets witnessed a sell-off on concerns that the widening credit-market losses would slow down economic growth. Shanghai shares plunged 4.4% and Hong Kong stocks fell 2.3%, while Japan's Nikkei index closed slightly higher after seeing substantial weakness in early trade.

US Dollar Hits 3-day Low Against Malaysian Ringgit [USD/MYR]
The US dollar weakened against the Malaysian ringgit during early trading on Friday. The US currency hit a 3-day low of 3.3610 at about 3:45 am ET compared to yesterday's close of 3.3850. As of now, the pair is worth 3.3660.

China Shares Close Higher On Technical Rebound []
Shanghai shares closed higher Friday following a late rebound in banking and airlines sectors although the turnover was at its lowest level since the end of 2006. The benchmark Shanghai Composite Index closed up 47.97 points or 0.96% at 5,032.13.

South Korean Shares Close Off Lows On Late Buying In Chipmakers, Telecoms []
Thursday, Seoul shares closed lower for a sixth day, but well off their lows for the session on late buying in chipmakers and telecom stocks. The KOSPI index closed down 7.97 points or 0.4% at 1,799.02.

Dollar In Multi-day High Against Slovakian Koruna [USD/SKK]
During the early European deals on Friday, the US dollar trended higher against the Slovakian Koruna. The pair fetched a multi-day high of 22.7370 at 4:10 am ET, compared to 22.6190 late Thursday in New York. However, in the Asian session, the dollar-koruna pair declined to 22.4630 by about 10:00 pm ET.

Dollar Ticks Up Against Swedish Krona [USD/SEK]
The US dollar moved up against the Swedish krona during early European trading on Friday. The pair hit a high of 6.2927 at about 4:25 am ET. However, during the early Asian session, the dollar-krona pair fell heavily and touched a new multi-year low of 6.2300 by about 9:35 pm ET, before it reversed the direction.