Flurry Of Economic Reports Including GDP, FOMC, And Employment Situation On Tap For Next Week - Economic Preview
Friday, April 25, 2008 4:29:46 PM - It was a session of modest gains on Wall Street, with the Dow closing up around 42 points. Next week, a plethora of economic reports will be released, a stark contrast to this week`s quiet economic front.
Canadian Dollar Mixed Against Major Counterparts [USD/CAD]
Friday, April 25, 2008 4:05:54 PM - The Canadian dollar was mixed in trading against other major currencies on Friday in New York. The loonie was lower against the greenback, higher against the euro and range-bound with the yen.
Oil Closes Above $118 Again
Friday, April 25, 2008 3:41:48 PM - Crude oil climbed above the $118 a barrel mark on Friday in U.S. trading. Light sweet crude for June delivery finished at $118.52, up $2.46 on the session. Prices touched a high of $119.54, an intraday high for the June contract.
Dollar Mixed As Consumer Mood Worsens [EUR/USD]
Friday, April 25, 2008 3:30:54 PM - The dollar levelled off from multi-week highs against most majors on Friday following weaker than excepted consumer sentiment figures.
Economic Round Up -- US Consumer Mood Sours, UK Economy Grows Slightly Slower Than Expected
Friday, April 25, 2008 3:04:45 PM - The lone economic release from the US proved to be a market mover, as the University of Michigan`s reported on consumer sentiment revealed the consumers mood darkened to levels not seen since the early 1980`s.
Gold Closes Up 30 Cents
Friday, April 25, 2008 3:03:29 PM - The price of gold closed modestly higher on Friday in U.S. trading after extending a 3 1/2 week low earlier in the day. Gold for June delivery moved to $889.70, down 30 cents for the day. The metal reached as low as $880.00 in electronic trading, its lowest level since April 1.
Yen Mixed Versus Major Counterparts [USD/JPY]
Friday, April 25, 2008 2:39:09 PM - The yen was mixed against other major currencies on Friday in New York. The Japanese currency fell to a short-term low against the pound and also moved to a multi-week low against the dollar before rebounding. The yen moved to a short-term high against the euro.
source: RTTNews.com
