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FOREX-US dollar falters; hurt by Wal-Mart, jobless claims (Reuters via Yahoo! Malaysia News)
* Dollar falls vs yen as risk aversion returns
(AFX UK Focus) 2009-01-06 12:31 Glance-STOCKS NEWS EUROPE-Weir extends gains; Numis says "buy" (Interactive Investor)
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News
US Dollar Tumbles as Data Suggests NFPs Will Plunge at Least 500K, Budget Deficit to Hit Record $1.2 Trillion (Daily FX)
The US dollar ended Wednesday lower versus the euro, Japanese yen, Swiss franc, and British pound amidst news that the US budget deficit is set to spiral higher this year and as data signaled that Friday’s US non-farm payroll (NFP) report could be deeply disappointing.
Forex hedging rewards banks (The Star)
MALAYSIAN banks dealing in hedging instruments, particularly that involving foreign exchange (forex), are reporting profits in this area over the past two quarters.
Germany's Job Creation Machine Sputters (BusinessWeek)
US Dollar Tumbles as Data Suggests NFPs Will Plunge at Least 500K, Budget Deficit to Hit Record $1.2 Trillion (Daily FX via Yahoo! Finance)
- Euro Bounces from Key Support Versus US Dollar, British Pound - May Prove Short-Lived - British Pound Remains Strong Despite Signs of Impending BOE Rate Cut on Thursday - Australian, New Zealand, Canadian Dollars Reverse Course as Commodities Tumble
Apple Rival Creative Technology Slashes Jobs (BusinessWeek)
7 lessons to learn from a market downturn (rediff.com)
Don't learn these lessons the hard way. Read on to make sure you can weather an unstable market.
NEXTUP-Dollar may shrug off Friday's goverment job report (Reuters via Yahoo! Malaysia News)
By Vivianne Rodrigues
US Dollar Gains Against Euro, Yen Despite Dismal Data, Slump Versus High Yielders (Daily FX via Yahoo! Finance)
- Euro Plummets as Euro-zone CPI Falls to More Than 2-Year Low, Suggest ECB Will Cut Rates January 15 - British Pound Rallies Despite Signs of Impending BOE Rate Cut on Thursday - Commodity Dollars Dominate as Risk Appetite Leads Carry Trades Higher
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