Yen Gains Further Against European Majors [JPY]

Yen Gains Further Against European Majors [JPY]
Extending the Asian session's gains, the yen rose sharply against its European counterparts at 2:10 am ET. As of 2:16 am ET, the yen fetched 161.73 against the euro, 226.35 against the pound and 98.76 against the franc.

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.

Stocks Continue To Perform Well In Late-Morning Trading - U.S. Commentary []
After falling sharply in recent sessions, stocks are seeing significant strength in morning trading on Tuesday. The major averages have all moved firmly into positive territory after closing lower in the four previous sessions.

Pound Down Against Majors [GBP]
The British currency weakened against its major counterparts during early deals on Monday.

Stocks Move Back To The Downside In The Mid-Afternoon - U.S. Commentary []
While the U.S. stock markets showed a notable move to the upside in late morning and early afternoon trading on Friday, they were unable to sustain the upward move as traders showed a lack of conviction.

Euro Gains Against Pound, Drops Versus Other Majors [EUR]
During the early European deals on Monday, the euro gained against the pound, but it dropped versus the rest of majors. The British rightmove house prices data for November and the Japanese nationwide department store sales data for October released earlier today likely influenced the euro against the pound and the yen respectively.

Yen Gains Against Majors [JPY]
The Japanese yen gained ground against its major counterparts in the early Asian trading on Monday. As of now, the yen is trading near 110.62 versus the US dollar, 162.27 against the euro, 227.08 against the British pound and 99.98 versus the franc.

Stocks Move Higher At Open - U.S. Commentary []
Stocks have opened with notable gains on Wednesday after tame inflation data was released and Bear Stearns (BSC) made positive statements.