Euro Higher Ahead Of German Import Price Index Data [EUR/USD]

Euro Higher Ahead Of German Import Price Index Data [EUR/USD]
Ahead of the release of German import price index data for the month of November, the euro gained against its major counterparts. At about 1:55 am ET, the euro was trading near 0.7240 against the pound, 1.4391 versus the US dollar, 1.6613 against the franc and 162.61 versus the yen.

Greenback Declines Against East European Currencies [USD/SKK]
During the early deals on Friday, the US currency showed weakness against the east European currencies. The greenback touched 2-day lows against most of these currencies.

Singapore Dollar Hits 3-day High Against Greenback [USD/SGD]
After a brief slide, the Singapore dollar trended higher versus the US currency in the early deals on Friday. The Singapore dollar thus gained from 1.4618 to 1.4564 at about 3:05 am ET. This set a 3-day high for the Singapore currency. The pair, which closed its yesterday's deals at 1.4601, is now worth 1.4571.

European Markets Fall On Trichet Comments - European Commentary []
The European markets fell for the consecutive third day on Wednesday after European Central Bank President Jean-Claude Trichet signaled that faster inflation will prevent policy makers from cutting interest rates to ease the continuing crunch in the credit markets.

European Markets End Lower On Goldman Sachs Caution - European Commentary []
The European markets closed lower on Tuesday after Wall Street brokerage Goldman Sachs cautioned that markets will remain challenging in the near future. The comments from the world's largest securities firm erased earlier gains following the European Central Bank's issuance of an unprecedented $500 billion in loans as part of a global effort to ease credit-market gridlock.