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Saturday, December 29, 2007

Franc Strong Versus Yen [CHF/JPY]

Franc Strong Versus Yen [CHF/JPY]
Versus the yen in trading on Friday, the Swiss franc saw strength into the mid morning action. The franc rose to a mark of 99.95 as action progressed. The currencies moved as the Japanese core CPI, which excludes fresh food prices, increased 0.4 percent in November compared to one year earlier.

Loonie Up Versus Greenback And Sterling, Down Against Euro [USD/CAD]
The loonie had mixed results against its major counterparts on Friday as it jumped against the greenback and pound but fell versus the euro. This comes after yesterday's assassination of Pakistan's opposition leader, Benazir Bhutto and as oil climbs towards the $98 mark today in U.S. trading.

Dollar Extends Losses Versus Euro After US New Home Sales Plummet 9 Percent []
The dollar extended this week's significant losses versus the euro Friday morning after the release of data showing that US new home sales plunged 9 percent in November to a 647,000 pace.

Stocks Seeing Some Weakness Amid Concerns About Holiday Spending - U.S. Commentary []
After posting strong gains in the holiday-shortened previous session, the U.S. stock markets are seeing some weakness in morning trading on Wednesday. Stocks have moved mostly lower due in part to concerns about the strength of holiday spending.

Stocks Turn In A Strong Performance On RIM And Merrill News - U.S. Commentary []
Wall Street saw notable gains on Friday, as positive earnings boosted the tech-heavy Nasdaq and news that Merrell Lynch (MER) may receive a cash infusion buoyed the blue chip index. The markets benefited from strength in a variety of sectors.

Stocks Regain Some Ground But Seeing Continued Weakness - U.S. Commentary []
While selling pressure has waned from earlier in the session, the U.S. stock markets continue to see significant weakness in mid-afternoon trading on Thursday. Stocks remain mostly lower, although they have moved off their worst levels of the day.

Weakness Remains Visible On Wall Street In Early Afternoon Trading - U.S. Commentary []
With traders still worried about holiday spending and a sharp rise by the price of oil, the U.S. stock markets are seeing continued weakness in early afternoon trading on Wednesday. While selling pressure has waned from earlier in the session, stocks remain mostly negative.

Dollar Advances To 1-week High Against Chilean Peso [USD/CLP]
The US dollar advanced against the Chilean peso during early trading on Friday. The greenback hit 1-week high of 497.25 at about 6:55 am ET, compared to yesterday's close of 496.25. As of now, the dollar-peso pair is worth 496.35.

Stocks Move Higher At The Start Of Trading - U.S. Commentary []
Stocks moved higher at the stat of trading on Monday, with the major averages seeing some further upside after posting standout gains in the previous session. The initial strength comes on the heels of some merger and acquisition news.

US Stocks Poised To Rebound Amid Talk Of Bank Asset Sales - US Commentary []
US stocks were set to bounce back Friday morning, one day after news of the assassination of Pakistan's Benazir Bhutto roiled markets worldwide.

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