Tuesday December 4, 2007 - 10:45:13 GMT
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FX Blog: Market Snapshot Europe Mid-Session
GVI Market Snapshot-- Europe Mid-session
- End of year liquidity remains a major issue.
- Cautious trade is likely again today in 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 expected Fed rate cut Tuesday in the week ahead.
- The USD is mixed vs. the majors. The commodity currencies are mixed.
- Equities are seen opening weaker. Bonds are mixed.
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