LONDON NEWS - FOREX-Yen dips as risk appetite rises, focus on US steps - Reuters UK LONDON NEWS - FOREX-Yen dips as risk appetite rises, focus on US steps - Reuters UK

Sunday, February 8, 2009

LONDON NEWS - FOREX-Yen dips as risk appetite rises, focus on US steps - Reuters UK

TOKYO, Feb 9 (Reuters) - The yen dipped broadly on Monday due to a rise in risk appetite on hopes that a U.S. stimulus package and a bank rescue plan would bolster the economy and ease worries about the financial sector. The dollar hit a one-month in Dow Jones News >

HSBC maintains its 'underweight' rating on KEC International with a target price of Rs 130. The company has reported sales growth of 25% y-o-y to Rs 870 crore in the quarter. EBITDA margin was lower by 625 bps at 8.2% due to forex losses of Rs 16.6 in Dow Jones News >

The Spec stopped out which brings us back to our 1st 8% trade today (Monday). We have a sell orders on the Speculative today at 8% jordan: We have buy zlc on the gbp/usd & aud/usd and a sell zlc on the usd/cad. In order to get into these trades we in Dow Jones News >

Keywords: MARKETS JAPAN STOCKS Reuters Terminal users can see other related news and rates by double-clicking on: All Nikkei indices All shares listed on Nikkei-225 N225 index TOPIX index Nikkei Japan 1000 TOPIX sector data Nikkei 300 index TOPIX in Dow Jones News >

The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.2990 level and was supported around the $1.2745 level. As expected, the U.S. January non-farm payrolls data were horrendous. Job losses in Dow Jones News >

No comments: