Euro Has Mixed Results Against Other Major Currencies [EUR/USD]

Euro Has Mixed Results Against Other Major Currencies [EUR/USD]
The euro experienced mixed trading versus its major counterparts Friday morning. This is on the release of reports showing slightly better than expected industrial production out of Germany and economic growth in Italy.

Stocks Adding To Early Gains In Late Morning Trading - U.S. Commentary []
Stocks continue to post modest gains in Thursday's mid-morning trading after Wednesday's rally. A lack of activity is evident as investors wait for President Bush's announcement on his plan to bail out subprime mortgage borrowers.

Stocks Close Sharply Higher On Strong Economic Data - U.S. Commentary []
After closing lower in the two previous sessions, the U.S. stock markets staged a substantial rebound during trading on Wednesday. Most stocks moved higher following the release of some better than expected employment data.

New Zealand Dollar Hits New Multi-month High Against Pound []
Extending the gains posted yesterday, the New Zealand dollar moved to a new multi-month high of 2.5984 against the sterling during early New York deals on Friday, but the pair has rebounded to a high of 2.618 towards the close of the day. Breaking a resistance level of 2.6130, the kiwi leveled a high since late July against its British counterpart yesterday.

European Markets Rise On Strong U.S. Data - European Commentary []
The European markets rose sharply on Wednesday after better than expected U.S. productivity and employment data soothed some concern about the health of the world's largest economy.

Kiwi Choppy In Trading Against American Counterpart [NZD/USD]
The New Zealand currency was choppy in trading against its American counterpart on Friday. By the midday, the kiwi had bounced between a high of 0.7810 and a low of 0.7745. The pair moved as the November reading of Non-farm Payrolls came in at +94k for the US.

Stocks See Lackluster Performance Ahead Of Interest Rate Decision - U.S. Commentary []
Wall Street saw limited movement on Friday, with light volume and volatility characterizing today's trading as investors looked forward to next week and the Federal Reserve's interest rate decision.

Stocks Nearly Unchanged In Early Trading - U.S. Commentary []
Stocks have opened slightly to the downside in early trading on Thursday, as investors anxiously await the release of a plan by President Bush to freeze interest rates for up to five years in an effort to help subprime mortgage borrowers.

Euro Moves Towards Multi-Year High Versus Pound [EUR/GBP]
The euro moved higher against the British pound again on Friday and moved back towards the multi-year high reached earlier this week. The European currency fell in the early morning, but reversed its tend at around 9 a.m. ET and began to move higher.