Todays Forex News..

Yen Mixed Versus Other Majors
Wednesday, March 26, 2008 2:32:46 PM - The Japanese yen saw mixed results against the other major currencies in trading on Wednesday in New York. The currency gained against the dollar and sterling, although the pound was able to bounce back and make up some ground. The yen was lower against the euro and franc.

Global Round-Up -- Durable Goods Signals Economy In Trouble, ECB`s Trichet Maintains Hawkish Tone
Wednesday, March 26, 2008 2:26:01 PM - Wednesday`s economic data painted a picture of an economy that may have slipped into recession, causing jittery Wall Street investors to sell-off stocks.

Paulson Calls For Review Of Financial Regulations
Wednesday, March 26, 2008 12:16:09 PM - Noting that it is the job of regulators to come together to promote the stability and orderliness of financial markets, Treasury Secretary Henry Paulson said Wednesday that the Bush administration will soon release a blueprint for regulatory reform that will more effectively promote orderly markets and foster financial sector innovation and competitiveness.

Pound Weakens Versus Other Major Currencies [GBP/USD]
Wednesday, March 26, 2008 11:21:16 AM - The British pound moved lower against other majors on Wednesday in New York. The sterling hit a weekly-low against the euro and aussie and turned away from a weekly-best against the greenback.

Europe Round Up Unexpected Improvement In German IFO Business Sentiment, Central Bankers Grab Attention
Wednesday, March 26, 2008 10:44:58 AM - Wednesday was rich with significant announcements and newsworthy events. German IFO business confidence report came out today. Other major events of the day include ECB chief Jean-Claude Trichet`s testimony before the European Parliament and Bank of England Governor Mervyn King`s opening statement at the Treasury Committee Hearing. Further, three central banks announced their monetary policy decisions.


source: rttnews.com