Dollar Inches Higher Versus Yen; At Month And A Half Peak [USD/JPY]
The dollar extended its gains from the previous session against the yen just ahead of the opening bell on Wall Street. The greenback advanced to 114.30, its highest level since early November.
Euro Adds To Historic Highs Versus The Sterling, Firms P Versus Dollar [EUR/USD]
The euro extended its record highs versus the sterling and gained on the dollar and yen Monday morning in New York. With little economic data available and many traders getting ahead start on the Christmas holiday, trading was relatively quiet.
US Stocks On Pause Thursday Morning Ahead Of Economic Data, Bear Stearns Results []
US stocks were looking for direction Thursday morning ahead of a slew of economic data and highly anticipated earnings results from Bear Stearns.
Stocks Likely To See Early Strength In Holiday-Shortened Session - U.S. Commentary []
Stocks are likely to see modest strength in early trading on Monday, with the major U.S. index futures indicating a higher open. Nonetheless, trading activity is likely to be subdued ahead of the Christmas Day holiday on Tuesday.
US Stocks Poised For Lackluster Start To Abbreviated Christmas Eve Session []
US stocks were poised for a lackluster start to Monday's abbreviated session on Christmas Eve. Markets will close at 1 pm ET. Trading is expected to be light today and Wall Street will be closed for Christmas on Tuesday.
Euro Shows Choppy Trading Against Dollar, Surges Against Other Majors [EUR/USD]
During the early European session on Monday, the European currency showed choppy trading versus the US dollar. But the euro surged against the rest of majors. The euro jumped to a new multi-year high against the pound, while it reached multi-day highs against the yen and the franc.
British Pound Mixed In Trading Against Majors [GBP/USD]
The British pound showed a mixed performance against its major counterparts in the early European deals on Monday. While the pound slipped to new lows against the euro and the dollar, it advanced versus the franc. Against the yen, the British currency showed infirmity in direction during this time.
Tuesday, December 25, 2007
Dollar Inches Higher Versus Yen; At Month And A Half Peak [USD/JPY]
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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.
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