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Wednesday, December 26, 2007

Swiss Currency Advances Against Yen [CHF/JPY]

Swiss Currency Advances Against Yen [CHF/JPY]
The Swiss currency advanced against the Japanese yen in trading on Wednesday. The rise brought the franc to a mark of 99.10 as trading progressed into the mid morning. The pair moved as Bank of Japan board member Hidetoshi Kamezaki said Wednesday that the Japanese economy is growing moderately, but the growth is further impacted by a sluggish housing market.

Stocks Trade Mixed In Early Deals - Asian Commentary []
Wednesday, stock markets across the Asia-Pacific region were trading mixed after Wall Street extended its gains on Monday following news that Merrill Lynch will receive an investment of up to US$6.2 billion from Singapore's government-controlled investment fund, Temasek Holdings, and U.S.-based money manager Davis Selected Advisors.

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