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Sunday, January 13, 2008

Dollar Holds Steady Versus Real Amid Release Of Brazilian Consumer Price Data [USD/BRL]

Dollar Holds Steady Versus Real Amid Release Of Brazilian Consumer Price Data [USD/BRL]
The greenback extended its run of choppy dealing versus the Brazilian real Friday morning in New York amid the release of data showing that Brazil's consumer prices rose in line with expectations in December.

European Markets To Open Lower Amid U.S. Recession Fears - European Commentary []
European futures are indicating a lower open as traders eye yet another fall in Asian equity prices and experts across the globe continue to worry about the state of the U.S. economy following Friday's disappointing jobs data.

Stocks Mixed In Late Morning Trading - U.S. Commentary []
In late-morning trading on Tuesday, stocks have pulled back off their highs after seeing earlier strength. The major averages have moved to the downside, with the Dow slipping into negative territory.

BMO Capital Examines US Trade Deficit Data []
Sal Guatieri of BMO Capital Markets Economics commented on Friday that the U.S. trade deficit increased the most in two years to a 14-month high of $63.1 billion in November, as soaring oil costs pumped imports 3.0%.

Stocks May Show A Lack Of Direction In Early Trading - U.S. Commentary []
After falling sharply in the latter part of the previous session, stocks may show a lack of direction in early trading on Wednesday. The major U.S. index futures are indicating a roughly flat open for the markets, as traders continue to express uncertainty about the outlook for the economy.

Stocks Close Higher After A Choppy Trading Session - U.S. Commentary []
Wall Street ended a choppy session on the positive side on Wednesday. The markets started the day positive, but moved below the unchanged line in late-morning trading. After trying to recover, the markets fell even further before changing course in the last two hours of the day.

US Stocks Poised For Modest Rebound Wednesday Morning After Slumping Into Correction Mode []
US stocks were set to open modestly higher on Wednesday morning after stocks plummeted into correction mode in the previous session.

Greenback Uncertain Versus Mexican Peso [USD/MXN]
The dollar traded in a range on Friday with the Mexican peso. The pair bounced between 10.9543 and 10.9146 through most of the day's trading. Investors considered a report released yesterday showing Mexican annual inflation jumped to a five-year high in December.

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