Euro Spikes Against Major [EUR/USD]
The euro spiked against its major counterparts at about 8:40 am ET. Now, it is worth 1.4575 against the dollar, 0.7316 against the pound, 1.6666 against the franc and 166.35 against the yen.
Peso Falls To Weekly Low Versus US Dollar [USD/MXN]
The prospect of a slowing US economy and the assassination of Pakistan opposition leader Benazir Bhutto fueled a decline for the Mexican peso on Thursday.
Yen Experiences Mixed Trading With Major Counterparts [USD/JPY]
The yen was mixed in dealings with the other major currencies this morning after the assassination of Pakistan's opposition leader, Benazir Bhutto.
European Markets Rise, Led By Miners, Banks - European Commentary []
The European markets rose on Monday, as mining stocks climbed on rising copper prices and banking shares edged up after money-market rates for euros dropped to the lowest level since November 28.
Swiss Currency Strong Against Yen [CHF/JPY]
In trading against the yen on Thursday, the Swiss franc saw strength into the mid morning. The advance brought the currency to a mark of 99.65 as action progressed. The currencies traded as Japanese auto production grew 3.8% year-on-year in November.
Global Insight: Increased Caution Among Businesses As Finanicial Conditions Tighten []
Global Insight U.S. Economist Nigel Gault commented on Thursday that two monthly declines in a row for "core" capital goods orders (non-defense excluding aircraft) suggest increased caution among businesses as financial conditions tighten and the economy slows.
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