Pound Extends Losses Versus Dollar, Picks Up Some Ground Against Euro And Yen [GBP]

Pound Extends Losses Versus Dollar, Picks Up Some Ground Against Euro And Yen [GBP]
The British currency picked up some ground against the euro and the yen during New York afternoon trading on Wednesday. The currency fell to a new 4 � year low of 0.724 against the euro and a 6-week low of 2.026 aganst the dollar during early deals today.

TSX Soars 180 Points As Energy, Tech Stocks Shine - Canadian Commentary []
Canadian stocks charged to the upside at the opening bell Wednesday and are extending their early gains in mid-day dealing. The energy sector has seen significant strength amid bullish inventories data and news that OPEC will not be raising crude production.

Dollar Heads Higher Versus Euro [EUR/USD]
The dollar raced higher versus the euro in mid-afternoon dealing, extending its gains from earlier in the session. The dollar jumped to 1.4633 and was set to challenge Monday's multi-week high of 1.4619.

Stocks Fall On Economic Data - U.S. Commentary []
Stocks turned to the downside on Monday, reversing the upward trend generated last week on economic worries after weak manufacturing data was released early in the session.

Japanese Market Rebounds As Yen Weakens []
Wednesday, Tokyo shares rebounded in late trade to end higher as news that British mortgage lender Northern Rock may be nationalized helped ease worries about the housing loan market. The report sent the dollar higher against the yen, lifting sentiment on Japanese exporters.

Dollar Breaks Through Resistance, Hits 3-week High Versus Euro [EUR/USD]
The dollar broke above resistance versus the euro in the past few minutes, hitting a 3-week high of 1.4615. The dollar has risen sharply Wednesday, climbing from 1.477 the previous evening.

Resurgent Industrial, Energy Stocks Help TSX Soar 150 Points Wednesday - Canadian Commentary []
Canadian stocks got back on the winning track Wednesday, erasing losses from the previous two sessions amid pent up buying interest a day after the Bank of Canada unexpectedly lowered its key interest rate.

Stocks Open Slightly To The Downside - U.S. Commentary []
Wall Street is posting modest losses at the opening on Monday, as stocks experience a slight pull-back after seeing significant strength in the previous week.