CHICAGO – Sep 29/06 – SNS — Following is the grain and oilseed futures comment from Alaron Trading Corp. The DX opened higher at our Pivot level of 85.35, as most other major foreign currencies trade lower ahead of the U.S. economic data.
DailyFX Currency News Headlines (Daily FX)
As United States approaches its Congressional elections in November, political change is occurring in all of the G-3 currencies and its impact on foreign exchange trading may be far more powerful than the market appreciates.
Brother-in-law of Saddam trial judge killed: police (Reuters)
Reuters – A brother-in-law of the judge trying
Saddam Hussein for genocide was shot dead by gunmen while
driving in western Baghdad, police said on Friday.
Iraq prays as Qaeda threatens new offensive (AFP)
AFP – Iraqis headed to their mosques for the first weekly prayers of Ramadan under a threat from Al-Qaeda to step up attacks in the war-torn country.
Central bank expects peso trading on Monday (INQ7 Business)
THE PHILIPPINE central bank said on Friday it expects trading in the local currency market to resume on Monday with the restoration of power in the capital and improved weather conditions after a fierce storm on Thursday.
Euro Down Against Dollar in Europe (AP via Yahoo! Finance)
The euro slid against the dollar on Friday, dipping below the $1.27 rate in early European trading. The 12-nation European currency brought $1.2665, down from $1.2706 in New York late Thursday.
BSP says may resume peso trading Monday (ABS-CBNNEWS.com)
The Bangko Sentral ng Pilipinas said on Friday it expects trading in the local currency market to resume on Monday with the restoration of power in the capital and improved weather conditions after a fierce storm on Thursday.
Woodward: Bush concealing level of Iraq violence (Reuters)
Reuters – The Bush administration is
concealing the level of violence against U.S. troops in Iraq
and the situation there is growing worse despite White House
and Pentagon claims of progress, journalist Bob Woodward said
in advance of a new book.
Philippine c.bank expects peso trading on Monday (Reuters via Yahoo! Asia News)
MANILA, Sept 29 (Reuters) – The Philippine central bank said on Friday it expects trading in the local currency market to resume on Monday with the restoration of power in the capital and improved weather conditions after a fierce storm on Thursday.
7 tortured bodies found in Baghdad (AP)
AP – Seven bodies bearing signs of torture were found in Baghdad on Friday, more apparent victims of the sectarian death squads that roam the capital.
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