Thursday, November 22, 2007


FXStreet.com - Activities remains low with Thanksgiving holiday in and will likely extend with Japan market holiday tomorrow. US. Dollar continues to hover near record low against Euro and Swissy and near 2 year low against yen. Markets continue to be concerned

No deal for Japan PM with main opposition party
Washington Post - There is no system or procedure to make laws in this 'twisted' parliament, and politicians are struggling," said Toru Umemoto, chief forex strategist at Barclays Capital. Parliament's session is set to end on December 15 but the ruling bloc will need

Reuters Business Report at 1330 GMT
Guardian Unlimited - PARIS - French President Nicolas Sarkozy will in a forthcoming visit to China call for an "equitable and fair" relationship between four major currencies -- the dollar, euro, yen and yuan, a senior French official said. (FRANCE-SARKOZY/FOREX (UPDATE

Forex - US dollar falls to 2-yr lows vs yen on rate cut expectation
Forbes - TOKYO (Thomson Financial) - The US dollar slid to two-year lows against the yen in afternoon trading in Asia on growing speculation of another cut in US interest rates and accelerated unwinding of yen-carry trades as equity markets continue to

Forex - BNP Paribas Comments On Strong German Q3 GDP Figures
RTT News - 11/22/2007 9:48:51 AM BNP Paribas noted Thursday morning that the German economy grew 0.7% in the third quarter, bettering the 0.3% expansion logged in the second quarter. According to Paribas, "This relatively strong performance of GDP growth in Q3

Forex - Euro Falls Against Majors Amid Euro-Zone Industrial Orders
RTT News - 11/22/2007 5:04:25 AM Amid the release of the Euro-Zone Industrial Orders data for the month of September, the euro slipped against its major counterparts. As of 5.03am ET, the euro was worth 1.4828 against the dollar, 1.6345 against the franc, 0

FOREX-Dollar marks Thanksgiving with new record lows
Reuters - LONDON, Nov 22 (Reuters) - The dollar hit new record lows against the euro, the Swiss franc and a basket of currencies on Thursday on growing belief that the U.S. Federal Reserve will cut interest rates again next month. Adding to downward pressure

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