EUR/USD  1.2587 / 90 EUR/AUD  1.9903 / 07 AUD/USD  0.6324 / 28
USD/JPY  95.96 / 9 EUR/JPY  120.73 / 77 GBP/JPY  143.18 / 26
GBP/USD  1.4924 / 28 EUR/GBP  0.8435 / 39 USD/CAD  1.2676 / 81
USD/CHF  1.2227 / 32 EUR/CHF  1.5391 / 95 All forex charts and rates
Research  >  Forex - Currency reports and news 1

Wednesday,  21 November 2007,  04:30 GMT
GCI Forex Research by FX Research Desk
Daily Recap and a day ahead


Daily Recap EUR/USD at new lifetime high; 1.50 figure in sight USD given on fresh rumours of Gulf states reducing greenback exposure Liebscher: hawish; Juncker: “deplore” fast moves; Quaden: weakness on way Brief reprieve for U.S. housing: Oct housing starts up 3.0% Fed funds futures eye 59% change of -50bps move in Dec EU looking for concessions from China at next week’s trade summit CBI industrial trends better-than-expected: enough to prevent Dec easing? Canadian Oct core CPI up 0.2% m/m and 1.8% y/y: end of tightening cycle? Fed: Oct cut a “close call”; Fed pares sees 2008 1.8%-2.5%; core PCE 1.

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