Monday November 5, 2007 - 17:29:24 GMT
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FX Blog: Market Snapshot N.Y. Mid-Session
GVI Market Snapshot-- N.Y. Mid-Session
- Nervous USD bears cncerned about the weakness in equities.
- The focus today has been on the subprime situation and on credit spreads on worries about new larger than expected write-downs.
- The JPY is firmer on hawkish bluster from the BOJ.
- The Hang Seng suffered another major loss on changes is expectations for mainland access to that market.
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