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USD & CAD - World Market Update Tuesday January 10 2006

Currency Exchange -Canadian Dollar The Canadian dollar was sailing along just fine last week even though the public opinion polls had the opposition Conservatives gaining somewhat on the Liberals as the election campaign wore on. The results still projected to a Liberal minority, albeit a weaker one. However, as the polling started to reflect that the possibility existed that the Liberals might not prevail and that the Conservatives had a chance...

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AUD - Australian Currency News Update Wednesday January 11, 2006

Currency Converter News - The Aussie dollar opened up lower this morning trading at 0.7488. It's the first trading day in 2006 that the AUD has started lower than the previous days open...

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FOREX News for Tuesday, January 10, 2006

Yen Drops on Speculation Japanese Investors Seeking Higher Returns Abroad
Jan. 11 (Bloomberg) -- The yen fell against the dollar and the euro in Asia on speculation Japanese investors are sending money overseas, seeking higher yields. Japan's currency had the biggest drop in two weeks versus the dollar as the extra yield that
Bloomberg

Japanese Stocks Drop, Dollar Edges Higher
Associated Press (Tue 11:04pm)

CORRECTED-Chips, flat screens to drive up Samsung Elec profit
Reuters (Wed 12:28am)

Japan's foreign reserves rise to second highest on record
TOKYO (AFP) - Japan's foreign exchange reserves rose 3.63 billion dollars to 846.9 billion dollars in December, the second highest level on record, the finance ministry said. The rise was largely bec.......
AFP Finance News - Wednesday January 11, 2006, 1:19 pm

NZ dollar stuck near highs, awaits next week's data
WELLINGTON, Jan 11 (Reuters) - The New Zealand dollar was stuck near three-week highs on Wednesday, supported by yield-related demand, as traders looked to data due next week for direction. Backed b.......
Reuters Finance News, Australia - Wednesday January 11, 2006, 3:35 pm

Dollar Ekes Out Gains
Forex

Dollar Gains Against Yen as Retail Sales May Give Signal for Higher Rates
Jan. 11 (Bloomberg) -- The dollar advanced against the yen in Asia on speculation a gain in retail sales and producer prices reports in two days will provide further evidence that interest rates in the U.S. will rise this year. A rebound in consumer spend
Bloomberg

Nikkei down on banks, Tokyo Electron surges
Reuters (Tue 9:16pm)

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