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Wednesday, December 05, 2007

US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []

US Stocks Poised For Weak Open Tuesday Morning Amid Anxiety Over Housing, Credit Markets - US Commentary []
Jittery investors appeared focused on problems in the housing and lending sectors Tuesday morning as stock futures tumbled, signalling a negative open on Wall Street Tuesday morning.

Norwegian Krone Hits 6-day High Against US Dollar [USD/NOK]
The Norwegian krone moved up against the US dollar during early Asian trading on Wednesday. As of 11:10 pm ET, the Norwegian currency hit a 6-day high of 5.4716 against the dollar, compared to yesterday's close of 5.4808. Thereafter, the krone weakened and the pair is now worth 5.4850.

Dollar Reverses Early Losses Against Danish Krone [USD/DKK]
After moving slightly higher, the US dollar weakened against the Danish Krone during early trading on Wednesday. However, at about 11:05 pm ET, after hitting as low as 5.0486, the pair reversed the losses. The dollar-krone pair, which closed its yesterday's deals at 5.0526, is now worth 5.0624.

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