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Wednesday, January 09, 2008

US Dollar Gains To 2-day High Against Mexican Peso [USD/MXN]

US Dollar Gains To 2-day High Against Mexican Peso [USD/MXN]
The US dollar gained against the Mexican peso in early deals on Wednesday. Before hit a 2-day high of 10.9445 at about 9:00 am ET, the greenback slightly moved down in early European trading. As of now, the dollar-peso pair is worth 10.94.

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.

Stocks Turn Lower After Seeing Early Strength - U.S. Commentary []
After failing to sustain an early upward move, stocks have turned lower over the course of morning trading on Monday. The major averages have pulled back off their highs for the session and into negative territory.

Pound Declines Versus Other Major Currencies [GBP/USD]
The sterling fell against its major counterparts on Wednesday morning in New York, hitting an all-time low against the euro and a nine-month low versus the greenback. This came as investors weighed a report showing U.K. shop price growth slowed in December.

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