New Zealand Currency Advances Against Buck [NZDUSD]
The New Zealand currency rose against its American counterpart in trading on Monday. As action moved into the midday, the kiwi rose steadily to 0.7677. The pair moved as the ISM said its purchasing managers index edged down to 50.8 in November from 50.9 in October, with a reading above 50 indicating growth in the sector.
Wall Street Poised For Lackluster Open Monday Morning Ahead Of ISM Manufacturing Data [$COMPX]
Futures were pointing to a lackluster start to the new week Monday morning as traders braced for more economic data, hoping for any clues about the condition of the US economy.
Toronto Stocks Fall For First Time In A Week; RIM Plunges On Downgrade - Canadian Commentary []
Canadian stocks finished in the red for the first time in a week on Monday, with modest strength among gold and energy stocks unable to offset significant weakness in the tech and health care sectors.
Monday, December 03, 2007
New Zealand Currency Advances Against Buck [NZDUSD]
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Any views/ forecasts/ suggestions, though proferred with the best of intentions, are based on our reading of the market at the time of writing. They are subject to change without notice.Though the information sources are believed to be reliable, the information is not guaranteed for accuracy. Those acting in the market on the basis of these are themselves responsibly for any profits or losses that might occur, without recourse to us. World financial markets, and especially the Foreign Exchange markets, are inherently risky and it is assumed that those who trade these markets are fully aware of the risk of real loss involved.
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