Yen Likely To Remain Soft Against Greenback Next Month - Analyst Forecast []
The yen is likely to remain soft against the US dollar, according to Osamu Takashima, chief analyst at Bank of Tokyo-Mitsubishi UFJ.
Dollar Higher Versus Yen, Slips Against Rest Of Majors []
During the early Asian deals on Tuesday, the US dollar traded higher versus the Japanese Yen, but it slipped against the rest of majors.
Pound Gains Ground Against Majors []
The British pound gained ground against its major counterparts in the early Asian trading on Tuesday. Up from yesterday's close of 2.0530, the pound-dollar pair moved to 2.0638 at about 8:55 pm ET. Against the Franc, the sterling fetched a high of 2.3289 higher than Monday's close of 2.3173.
Stocks Headed For A Lower Opening - U.S. Commentary []
Stocks are headed for a sharply lower opening on Wednesday, as oil continues its drive towards the $100 a barrel mark, the dollar declines further against its major counterparts, and General Motors (GM) shocks Wall Street with a considerable third-quarter loss.
Monday, November 12, 2007
Yen Likely To Remain Soft Against Greenback Next Month - Analyst Forecast []
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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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