Wednesday January 9, 2008 - 11:08:27 GMT
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FX Blog: Market Snapshot Europe Mid-Session
GVI Market Snapshot-- European Mid-Session
- The USD is steady to mixed against the majors again as dealers continue to look for direction for the currency. The GBP and JPY are weaker at the moment. Rumors about the CDO markets yesterday upset the markets ans sent equities lower.
- U.S. equities are currently seen opening higher. Bonds are about steady. Asian and European bourses have been mixed.
- The commodity currencies (AUD, CAD and NZD) are better. Gold is up strongly again while oil has gained modestly.
- Te U.S. economic calendar is light until the Friday release of November trade figures.
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