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Sunday, December 30, 2007

Dollar Advances To Multi-week High Versus Mexican Peso Friday Morning []

Dollar Advances To Multi-week High Versus Mexican Peso Friday Morning []
The dollar surged higher against Mexico's peso Friday morning as traders weighed data signalling more problems in the US housing market. The dollar advanced for a second day, jumping to 10.9012 after pausing near 10.87 overnight.

German Inflation Slows In December Due To Easing Energy Costs []
December German consumer prices rose a preliminary 0.5 percent from November, and 2.8 percent from a year ago, Destatis said Friday. German consumer prices jumped 3.1 percent in November but easing energy prices helped to slow the pace of inflation this month.

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