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Monday, November 19, 2007

U.S. Dollar Gaining Ground Against Major Currencies [USD/CAD]

U.S. Dollar Gaining Ground Against Major Currencies [USD/CAD]
The U.S. dollar is rising against a group of world currencies. The greenback is trading higher against the Euro, Australian Dollar, British pound sterling, Swiss franc and Canadian dollar.

Kiwi Higher Versus Aussie, Down Against Rest Of Majors [NZD]
Early Tuesday in Asia, the New Zealand showed weakness against the yen and the dollar but it strengthened against the Australian dollar. The kiwi lost ground following New Zealand visitor arrivals data at 4:45 pm ET Monday.

New Zealand Shares Seeking Direction After Down-Side Wall Street Lead []
New Zealand shares get a down-side lead from Wall Street as they seek market-moving factors on Tuesday.

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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.