Euro Down Against Pound, Higher Versus Rest Of Majors [EUR/USD]
Thursday morning, the European currency showed mixed trading against its major counterparts. The euro was higher against the greenback, the franc and the yen but was down against the sterling.
US Dollar Drops To New Multi-year Low Versus Czech Koruna [USD/CZK]
Thursday morning, the US dollar showed weakness against most of its East European counterparts. The greenback declined to new multi-year low versus the Czech koruna, while it hit new multi-day lows against the Estonian, Slovakian and Hungarian counterparts.
FTN Finacial: Jobless Claims Near Dangerous Range []
FTN Financial's Lindsey Piegza commented on Thursday that US initial jobless claims were reported at 349k this morning, down slightly from the previous week which was revised up to 358k. The 4-week moving average has moved from 350k to 360k.
Aussie Eases From 2-day High Against Yen [AUD/JPY]
In early European deals on Thursday, the Australian dollar traded down against its major counterparts. The Aussie eased from a 2-day high hit in early deals against the yen.
Swiss Currency Mostly Mixed On Thursday [USD/CHF]
The Swiss franc was mixed against its world counterparts on Thursday morning in New York. The currency moved as watch export data was released from the area.
Buck Sets 2-day Low Versus Russian Ruble [USD/RUB]
The US dollar edged down against its Russian counterpart in early deals on Thursday. The pair hit a 2-day low of 24.5178 by about 4:50 am ET, compared to yesterday's New York close of 24.5948. Currently the dollar-Ruble pair is worth 24.53.
Chinese Yuan Sets New Highs Against Greenback [USD/CNY]
The Chinese Yuan strengthened against its US counterpart in early deals on Thursday. At about 4:55 am ET, the Yuan hits 7.1420 against the buck, which set a fresh record high for the former.
Thursday, February 21, 2008
Euro Down Against Pound, Higher Versus Rest Of Majors [EUR/USD]
Subscribe to:
Posts (Atom)
Legal disclaimer and risk disclosure
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.