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Wednesday, January 09, 2008

Euro Moving Higher Against Swiss Franc [EUR/CHF]

Euro Moving Higher Against Swiss Franc [EUR/CHF]
the euro is advancing against the Swiss franc. The pair is trading at 1.6380, with the euro building on a rise that began in early afternoon New York Time, and breaking through short term resistance.

South Korean Market Slides Tracking Wall Street Slump []
Wednesday, Seoul shares were trading sharply lower, following an overnight plunge in U.S. markets. At 11:07 a.m. local time, the benchmark Korea Composite Stock Price Index or KOSPI was down 16.12 points or 0.88% at 1,810.10.

Amended: Market Likely To Open Lower On Weak Global Cues - Indian Commentary []
Amended: 'Asian Commentary' in headline corrected as 'Indian Commentary.'

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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.