Monday December 3, 2007 - 16:43:21 GMT
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FX Blog; Market Snapshot N.Y. Mid-Session
GVI Market Snapshot-- N.Y. Mid-session
- U.S. ISM PMI abouit as expected.
- End of year liquidity remains a major issue.
- It looks like today has been a cautious start to what is likely to be an eventful week.
- BOC policy decision Tuesday is a coin-toss. RBA BOE and ECB decisions are due from Wednesday onwards.
- A relatively weak November U.S. employment report is due on Friday ahead of an expecte Fed rate cut Tuesday in the week ahead.
- The USD is weaker vs. the majors. The commodity currencies are mixed.
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