Swiss Franc Mixed Versus Majors Wednesday [USD/CHF]
The Swiss currency was mixed in mid morning trading against its counterparts on Wednesday in New York. The franc moved with little economic news from the area.
European Markets Fall On Economic Worries - European Commentary []
The European markets fell on Monday, as investors were concerned that faster inflation and continued credit market turmoil would hurt economic growth. Banking and mining stocks were among the hardest hit.
New Zealand Dollar Falls Against Majors [NZD/USD]
The New Zealand dollar fell against its major counterparts at about 6:30 am ET. As of now, it is trading at 0.7540 against the US dollar, 85.22 against the yen and 1.1423 versus the Australian dollar.
Pounds Drops Versus Other Major Currencies [GBP/USD]
The sterling sunk against its major counterparts Wednesday morning in New York on news that the Bank of England had voted unanimously for a December rate cut and that U.K. retail sale growth has weakened sharply in December.
Jakarta Stocks Poised End Skid []
After watching the losing streak hit five sessions, investors in the Indonesian stock market finally can see the light at the end of the tunnel as the Jakarta Composite Index prepares to open for business on Wednesday. During the skid, the index shed more than 150 points and gave up support at 2,700 points - although it could be reclaimed as early as Wednesday.
Wednesday, December 19, 2007
Swiss Franc Mixed Versus Majors Wednesday [USD/CHF]
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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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