CURRENCY TRADING SUMMARY – 30 OCTOBER 2007 (00:30GMT)
U.S. Dollar Trading (USD) fell further against a number of majors as the much anticipated October 31 Fed meeting grows nearer…
The Euro (EUR) traded at a fresh record high in yesterdays session, before any further upside moves were limited on views that the FOMC may not look to slash rates by 50 bp…
The Japanese Yen (JPY) failed to gain any boost from a positive retail sales figure…
The Sterling (GBP) returned to a near 26 year high versus the USD ahead of the Wednesdays FOMC meeting, in which the Fed may cut, whilst the BoE is likely to hold in November… More…