Yen Falls Versus Euro And Sterling But Remains Stable Against Dollar [USD/JPY]
The yen declined against the euro and pound but was stable versus the slumping dollar Monday morning in New York.
Swiss Franc Mixed In Trading On Monday Morning [USD/CHF]
The Swiss franc was mixed against its world counterparts in trading on Monday morning in New York. The franc moved with little economic news from the area to influence movement.
Swiss Currency Mixed Against Sterling [GBP/CHF]
In trading against the sterling on Monday, the Swiss franc saw mixed action into the mid morning. Early on, the franc fell past 2.3000. However, the currency moved little after its initial drop. The pair moved as the U.K.'s house prices regained its momentum with the house price index posting 11.3% increase in October following a 10.8% growth in September and equaling the 11.3% in August.
Stocks Move Sharply Higher At The Open - U.S. Commentary []
After closing lower in the two previous sessions, stocks moved sharply higher at the start of trading on Wednesday. The major averages all moved firmly into positive territory on the heels of better than expected employment data.
Financials Continue To Lead Markets Lower - U.S. Commentary []
Financials continue to depress the markets on Tuesday, as investors worry about the health of the economy ahead of the Federal Reserve's upcoming interest rate decision next week.
Kiwi Moves Uncertainly Against Pound [GBP/NZD]
The New Zealand currency was choppy against its British counterpart in trading on Monday's midday. The currency bounced between a high of 2.6140 and a low of 2.6325 as action progressed. The pair moved as the U.K.'s house prices regained its momentum with the house price index posting 11.3% increase in October following a 10.8% growth in September and equaling the 11.3% in August.
Monday, December 10, 2007
Yen Falls Versus Euro And Sterling But Remains Stable Against Dollar [USD/JPY]
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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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