Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
Top Stories Euro rallies on hopes for EU summit on Thursday Asian equities
slightly lower but Europe up on summit hopes Oil at $72.40/bbl Gold holds
steady at $1068/oz. Overnight Eco JPY Prelim Machine Tool Orders up 192% EUR
German Final CPI -0.6% as expected EUR
* Asian shares escape worst of Wall Street selloff SYDNEY, Feb 9 (Reuters) -
The Australian dollar edged cautiously higher on Tuesday as recent tensions
over sovereign debt in the euro zone seemed to ease. Traders said there were
hopes the EU could make progress on the debt troubles of
FOREX: CREDIT DEFAULT SPREADS AND EUR/USD EUR/USD: G7 LEAVES MUCH TO BE DESIRED
GBP/USD: LEADS G7 PUSH FOR BANKING FEE USD/CAD: NEW BUBBLE IN HOUSING ?
NZD/USD: BOLLARD FINDS THAT ECONOMY IS STILL FRAGILE AUD/USD: CUTTING BACK ON
· 78.6% of XA · 161.8% OF BC · AB=CD The key will be for prices to dip to our
projected entry at 60.83 without first closing above point C (61.63) which
negates pattern structure invalidating this particular setup. Additionally, any
gaps and/or wide-ranging
By Ben Levisohn Measured against a basket of currencies from the Group of 10
nations proportioned by how they trade against each other, the greenback is up
about 3 percent since 1975, according to Bloomberg Correlation-Weighted
Currency Indexes. That was four years after the Bretton Woods
Measured against a basket of currencies from the Group of 10 nations
proportioned by how they trade against each other, the greenback is up about 3
percent since 1975, according to Bloomberg Correlation-Weighted Currency
Indexes. That was four years after the Bretton Woods agreement, set up in
Measured against a basket of currencies from the Group of 10 nations
proportioned by how they trade against each other, the greenback is up about 3
percent since 1975, according to Bloomberg Correlation-Weighted Currency
Indexes. That was four years after the Bretton Woods agreement, set up
Talking Points • Japanese Yen: Weighed by Risk Appetite
• Pound: Extends Decline From Previous Week
• Euro: Investor Sentiment Unexpectedly Weakens
• US Dollar: Lack of Fundamental Releases to Give Way to Risk
Trends Euro Rebounds Despite Drop in Sentix
Top Stories Jaoanese data shows slow improvement Asia lower as week starts OIl
at $71.50/bbl Gold bounces over $1066/oz. Overnight Eco JPY Bank Lending -1.5%
vs. -1.0% JPY Current Account 1.10T vs. 1.27T JPY M2 Money Stock 2.9% vs. 3.0%
CHF Unemployment Rate
Talking Points • Japanese Yen: Down Across the Board
• Pound: Trade Deficit Widens as Imports Jump
• Euro: President Trichet Heads to EU Summit Ahead of
Schedule • US Dollar: Wholesale Inventories, IBD/TIPP
Economic Optimism on Tap British Pound Gives
