(RTTNews) – Euro showed uncertain trading against British Pound in early Friday morning deals in New York. The pair of late was moving within tight bands of 0.6705 and 0.6999. As of 12:48 am Et Friday, the European currency was worth 0.6701 of a pound.
Edwin Edwards, 62, Figure in Citibank Currency Case, Dies (New York Times)
Edwin David Edwards? accusations of improper currency transactions at Citibank mired the bank in scandal.
Aussie Showing Uncertain Trading Against Greenback Late Thursday (Nasdaq)
(RTTNews) – AUD/USD pair showed uncertain trading in late evening Thursday in New York. The Australian currency, of late is moving sideways against dollar and as of 8:40 pm Eastern Time, the pair leveled at 0.7908. The market is obviously seeking some direction in the absence of any major data release today.
Chinese Currency At A Record High Against U.S. Dollar (Nasdaq)
(RTTNews) – Thursday, the value of Chinese currency RMB, touched a record high against the U.S. dollar with a central parity rate of 7.8149 yuan to one dollar, according to the China Foreign Exchange Trading Center in Shanghai.
Pound Sees Mixed Trading Against Rivals (Nasdaq)
(RTTNews) – The sterling saw mixed trading against its rivals during Thursday’s action in New York. While showing strength against the dollar and yen, the sterling showed weakness against the euro. The British currency traded amid the released of the UK Nationwide House prices.
S.Korean Shares Rise on Last Trading Day (AP via Yahoo! Finance)
South Korean shares rose on the last trading day of the year on Thursday on expectations of a further rise in the new year, with the benchmark index closing out 2006 with a 4-percent rise from the year-start.
Euro, Pound Rise Against U.S. Dollar (AP via Yahoo! Finance)
The euro crept slightly higher against the U.S. dollar on Thursday in thin holiday-season trading. The 12-nation currency bought $1.3132 in morning European trading, compared with $1.3123 in New York late Wednesday.
Brazilian Real, Chilean Peso: Latin American Currency Preview (Bloomberg.com)
Dec. 28 (Bloomberg) — The following events and economic reports may influence trading in Latin American currencies today. Exchange rates are from the previous session.
Dollar Declines; U.A.E. Selling U.S. Currency, Buying Euros (Bloomberg.com)
Dec. 27 (Bloomberg) — The dollar dropped the most in more than a week against the euro after the head of the United Arab Emirates central bank said it will convert some of its reserves of U.S. assets into the European currency.
Pound Falls Against Japanese Currency (Nasdaq)
(RTTNews) – Against the yen, the pound saw uncertain trading as Wednesday’s action took place. The currency trading in a range against the yen overnight on into the early morning.
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