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Sunday, December 02, 2007

Swiss Franc Slips To 2-week Low Versus Dollar [USD/CHF]

Swiss Franc Slips To 2-week Low Versus Dollar [USD/CHF]
The Swiss franc fell to a 2-week low versus the resurgent US dollar on Friday. The franc fell to 1.1294 by noon ET, extending week-long downtrend.

Yen Loses Further Ground To Dollar, Steadies Versus Other Majors Friday Morning [USD/JPY]
The yen fell sharply versus the dollar but battled back versus the euro and sterling Friday morning in New York. Traders considered increased speculation that the US Federal Reserve will lower its key overnight interest rate.

Dollar Spikes Higher Versus Euro [EUR/USD]
The dollar accelerated to the upside versus the euro in Friday's mid-morning dealing, rising to a fresh 12-session high. By 10:30 am, the dollar jumped to 1.47 from an earlier level near 1.4750.

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