Swiss Currency Choppy In Trading Versus Euro [EUR/CHF]

Swiss Currency Choppy In Trading Versus Euro [EUR/CHF]
The Swiss franc saw little movement in action against the euro on Friday as trading moved into the mid-afternoon. The franc bounced between a high o f 1.6390 and a low of 1.6410. The pair moved as the number of employees in German manufacturing units rose 1.9% on year in September.

Stocks Headed For Higher Opening - U.S. Commentary []
Stocks are poised for a higher opening on Wednesday, extending sharp gains seen in the previous session following optimistic inflation data and positive news out of Bear Stearns (BSC).

Stocks Once Again Showing A Lack Of Direction - U.S. Commentary []
With traders continuing to express some uncertainty about the outlook for the markets, stocks are once again showing a lack of direction in morning trading on Friday. The major averages have been bouncing back and forth across the unchanged line.

Dollar Gains On Euro And Sterling Friday Morning As Global Stocks Tumble [EUR/USD]
The dollar gained on the euro and sterling while seeing little change against the yen and loonie Friday morning in New York. Trading took place amid steep losses for stocks in Asia and Europe, which prompted more risk aversion.

Stocks Surge On Strength Within Financials And Tech - U.S. Commentary []
With financial and technology stocks leading the way, stocks rose sharply on Tuesday, ending four straight sessions of losses on positive news out of Wal-Mart (WMT) and Goldman Sachs (GS).

Dollar Drops To Fresh 12-year Low Versus Swiss Franc [USD/CHF]
The dollar slipped to a fresh 12-year low versus the Swiss Franc in recent dealing Friday morning. After moving in a narrow range around 1.1225 for most of the morning, the dollar dropped to 1.1166 by 9:20 am. A move below 1.1120 would bring the dollar to a new multi-decade low.

Canadian Stocks Rally Back To Unchanged Line - Canadian Commentary []
Canadian stocks are little changed in early afternoon dealing after a late morning rally erased losses from the first hour of the session. Bay Street is attempting to stabilize after seeing significant losses this week, and traders may be on the hunt for bargains among beaten down stocks.

Choppy Trading Persists In Early Afternoon Trading - U.S. Commentary []
After ending the previous session lower as a result of a late-day sell off, the U.S. stock markets have shown a lack of direction throughout the trading session on Thursday. Some traders may be staying on the sidelines following recent volatility.

Danske Bank Expects Growth To Slow In Japanese Q4 []
Flemming Nielsen from Danske Bank remarked on Friday that no major surprises in the minutes from 10-11 October monetary meeting of the Bank of Japan. The official line continues to be that the Japanese economy is currently doing OK and eventually BoJ will have to hike rates, he said, but noted that the BoJ recognises that significant downside risks exist due to the US housing market and turmoil on international financial markets and is clearly in no hurry to hike rates.

Euro Testing 2-month Low Versus Swiss Franc []
The euro is testing a 2-month low versus the Swiss franc Friday morning just before the opening bell on Wall Street. The euro slipped to 1.6382 in the last hour. A move below 1.6378 would take the euro to its lowest point since September 10.