Swiss Franc Hits New 12-year High Versus Dollar, Nears Multi-decade Peak [USD/CHF]

Swiss Franc Hits New 12-year High Versus Dollar, Nears Multi-decade Peak [USD/CHF]
The Swiss franc hit a fresh 12-year high against the dollar Wednesday morning in New York, advancing to 1.1176 before levelling off in late morning action. A move above 1.1120 would bring the franc to its highest point in at least two decades against its struggling US counterpart.

Chinese Shares Close Sharply Higher Led By Energy And Metals Stocks []
Wednesday, Shanghai shares closed sharply higher led by energy and metal stocks. Sharp gains in the U.S. and Hong Kong markets boosted investor sentiment. The benchmark Shanghai Composite Index closed up 254.58 points or 4.94% at 5,412.69.

Sterling Testing-multi-week Low Versus Dollar Wednesday Afternoon []
The sterling is testing a 3-week low against the dollar after suffering steep losses over the course of Wednesday's session. The pound dropped to 2.0560 at around noon, having erased its gains from the previous session. A move below 2.0524 would bring the sterling to its lowest point since late October.

Markets Open Sharply Higher On Strong Global Cues - Indian Commentary []
Wednesday, Indian shares opened on a strong note and in line with its Asian peers. At 10:04 a.m. IST, the Sensex was up 499 points at 19,535 and the broader Nifty was adding 144 points to 5,840.

Markets Likely To See Some Weakness Due To Profit Taking Following Recent Rally - Indian Commentary []
Global cues are pointing towards a lower opening for the Indian markets on Thursday. The U.S. stocks fell overnight on credit worries and the major stock markets across the Asia-Pacific region are trading flat on Thursday after the sharp rise on Wednesday.

Sterling Plummets To 4-year Low Versus Euro, Loses Ground To Dollar [GPB/USD]
The sterling plunged to a multi-year low versus the euro and raced to the downside against the dollar Wednesday morning in New York. Traders considered data showing that the U.K. claimant count declined for the thirteenth consecutive month in October, official data showed Wednesday.

US Dollar Slides Against European Majors [USD]
The US dollar weakened against its major European counterparts in the early Asian trading on Thursday.

Japan Stocks Look To Build On Wednesday Turn-Around []
Japanese stocks will look Thursday to sustain the upward momentum gained during a major turn-around the day before.

Japan Foreign Minister Warns Of Pakistan Aid Cuts []
Japan's Foreign Minister is warning that the country's aid to Pakistan may be cut if the democratization process there deteriorates further.

Japanese Market Rebounds On Wall Street Rally []
Wednesday, Tokyo shares rebounded strongly, snapping a eight-day losing streak, after the U.S. stocks rallied overnight and the yen weakened against the dollar.