Stocks Fall On Weak Manufacturing Activity - U.S. Commentary []

Stocks Fall On Weak Manufacturing Activity - U.S. Commentary []
Stocks are slightly lower in early trading on Monday after a report was released showing a further decline in U.S. manufacturing activity and as investors took stock of the housing and credit slump.

Euro Higher Against Dollar, Down Versus Rest Of Majors [EUR]
The euro showed mixed trading against its major counterparts on Monday morning. While the euro gained against the US dollar, it dropped versus the rest of its major counterparts.

Pound Gains Further Versus Majors [GBP]
The British pound strengthened further against its major counterparts at about 5:30 am ET, Monday. As of now, the pound is worth 2.0650 against the US dollar, 2.3305 versus the franc, 228.48 against the yen and 0.7101 against the euro.

Swiss Currency Mixed On Monday Versus Majors [USD/CHF]
The Swiss currency was mixed in trading against its majors counterparts on Monday morning in New York. The franc progressed with little economic news from the area.

Swiss Currency Slips Against Yen [CHF/JPY]
The Swiss currency edged down in trading against its Japanese counterpart on Monday. The franc slipped to 97.76 as action progressed into the mid morning. The pair moved as the Bank of Japan Governor Toshihiko Fukui said Monday that it would take more time for the U.S. housing market to stabilize, as in his opinion the level of housing inventories is still high.