Stocks Turning In A Lackluster Performance Ahead Of Fed Decision - U.S. Commentary []
With many traders on the sidelines ahead of the Federal Reserve's announcement of its latest decision on interest rates, the U.S. stock markets are turning in a lackluster performance in morning trading on Tuesday.
Stocks Holding Onto The Bulk Of Their Early Gains - U.S. Commentary []
Stocks have managed to keep most of their gains posted earlier in the day in late-morning trading on Wednesday. The gains come after a 300-point drop on Tuesday after the Federal Reserve cut the benchmark interest rate by 25 basis-points.
Stocks Give Back Some Ground But Remain Mostly Positive - U.S. Commentary []
With traders expressing optimism about the possibility of another interest rate cut by the Federal Reserve, the U.S. stock markets are seeing continued strength in mid-afternoon trading on Monday. However, buying interest has waned from earlier in the session.
Singapore Dollar Slips Against US Currency [USD/SGD]
The Singapore dollar slipped versus the US currency in the early Asian deals on Friday. The Singapore dollar touched a low of 1.4450 by about 10:55 pm ET, compared to 1.4411 late Thursday in New York. The traders now turn toward the Singapore retail sales data for October, which is expected shortly.
Stocks May Move Back To The Downside In Early Trading - U.S. Commentary []
After seeing substantial volatility in the previous session, stocks could see some weakness in early trading on Thursday. The futures are indicating a considerably lower open for the major averages, which ended Wednesday's trading in positive territory.
Euro Strengthens Against Most Of Majors [EUR/USD]
The euro gained against most of its majors by about 12:55 am ET. As of 1:09 am ET, the euro is worth 1.6708 against the franc, 1.4635 against the dollar and 164.56 versus the yen.
British Pound Drops Against Majors [GBP/USD]
The British pound lost ground against its major counterparts around 11:35 pm ET Thursday. As of now, the sterling is trading near 2.0391 against the dollar, 2.3282 against the franc, 229.09 versus the yen and 0.7174 versus the euro.
Canadian Dollar Advances Against Majors [USD/CAD]
The Canadian dollar strengthened against its majors around 3:00 am ET. As of 3:10 am ET, the loonie is worth 1.0172 against the greenback, 1.4874 against the euro, 110.49 against the yen and 0.8921 against the aussie.
Euro Slips Against Dollar And Yen [EUR/USD]
The euro fell against its US and the Japanese counterparts by about 3:10 am ET. As of 3:18 am ET, the euro traded at 164.17 versus the yen and 1.4613 against the dollar.
Friday, December 14, 2007
Stocks Turning In A Lackluster Performance Ahead Of Fed Decision - U.S. Commentary []
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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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