Yen Eases To Majors As Risk Appetite Picks Up [USD/JPY]
The yen eased versus its major counterparts Friday morning, giving back early gains as US gains for US stocks fueled increased risk appetite.
Stocks Close Lower After Another Late-Day Sell Off - U.S. Commentary []
After showing a lack of direction for much of the morning, the U.S. stock markets succumbed to selling pressure late in the trading day on Thursday. Stocks moved sharply lower, adding to the steep losses that were posted in the previous session.
Miners, Financials Drag Lead TSX Lower In Early Dealing Friday []
Toronto's TSX Composite Index has declined in early dealing Friday morning, adding to this week's considerable losses as traders continue to express concerns about that the Canadian economy may be in for a rough patch.
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).
Swiss Franc At 12-year High Versus Dollar; Challenging Multi-decade Peak [USD/CHF]
The Swiss franc extended its early gains versus the dollar Friday afternoon in New York, adding to its 12-year peak by hitting 1.1165. With the advance, the franc crept closer to a multi-decade low of 1.1120, set in 1995.
Saturday, November 17, 2007
Yen Eases To Majors As Risk Appetite Picks Up [USD/JPY]
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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.
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