US Dollar Down Against Majors [EUR/USD]

US Dollar Down Against Majors [EUR/USD]
The US dollar showed weakness in action against its major counterparts in Asian trading on Wednesday.

Pound Falls To Record Low Versus Euro [EUR/GBP]
Wednesday during early deals, the pound weakened against its major counterparts, hitting a fresh record low against the euro. Against the franc and the yen, the pound touched lows since 2 � years and 4-� months respectively.

Stocks May Move Modestly Higher In Early Trading - U.S. Commentary []
After ending the previous session roughly mixed, stocks may move modestly higher in early trading on Monday. The major U.S. index futures are indicating a higher open for the markets, although buying interest is likely to remain somewhat subdued.

Canadian Dollar Falls To Multi-day Lows Against Majors [USD/CAD]
The Canadian dollar weakened to multi-day lows against its major counterparts in early deals on Wednesday. At about 2:20 am ET, the loonie touched 15-day lows of 0.8722 against the aussie and 1.4550 against the euro, compared to yesterday's close of 0.8654 and 1.4416, respectively.

Stocks Remain Mostly Negative In Late Morning Trading - U.S. Commentary []
While selling pressure has waned from earlier in the session, stocks are seeing continued weakness in late-morning trading on Wednesday. Worries about higher oil prices and weak holiday spending are contributing to the continued weakness.

Brazil's Trade Surplus Up In December But Narrows In 2007 [USD/BRL]
According to data released Wednesday morning at 7 am ET, Brazil's 2007 foreign trade surplus was down at $40.04 billion. However, Brazil's December trade surplus was up from November at $3.6 billion.