The US dollar showed strength against its major

Dollar Drifts Higher After Last Week`s Mixed Performance [EUR/USD] Sunday, January 06, 2008 11:26:21 PM - The US dollar showed strength against its major counterparts during early Asian deals on Monday. The greenback strengthened as traders awaited the outcome of the ongoing G-10 meeting in Basel, Switzerland. Heads of major central banks are expected to make their stance clear later today on efforts to calm the currency market. The buck also jumped against the New Zealand dollar in the session despite stronger-than-expected trade balance data from New Zealand.

New Zealand Trade Deficit Narrows Sunday, January 06, 2008 9:37:27 PM - Dairy and petroleum exports helped reduce New Zealand`s monthly trade deficit for November to NZ$646 million, according to data made public Monday by Statistics New Zealand.

Only A Handful Of Economic Reports Will Be Released Next Week - Economic Preview Friday, January 04, 2008 4:39:59 PM - The stock market closed sharply lower Friday as investors reacted to an employment report that came in well below expectations. All major indices closed down, with the Dow closing at 12,800 - a loss of 256 points. Next week is fairly light in terms of economic reports, allowing the fallout from the employment data to spread across a few sessions.

Crude Oil Closes Below $98 Friday, January 04, 2008 3:34:15 PM - Crude oil turned lower in Friday`s U.S. trading after hitting the $100 a barrel mark in each of the two previous sessions. Light sweet crude for February delivery traded at $97.91, down $1.27 on the session. Oil dipped to as low as $97.10 in mid-day trading amid profit-taking following the record rally.

Gold Slips Away From Multi-Decade High Friday, January 04, 2008 2:37:46 PM - Gold prices moved lower on Friday in U.S. trading and pulled back from its 28-year high reached in the previous session. March gold was at $865.70, down $3.40 for the day. Prices dipped to as low as $857.00 in the early going amid some profit-taking after the metal had higher for about two weeks.

Wheat Gives Back Gains From Previous Session Friday, January 04, 2008 1:36:32 PM - The price of wheat fell sharply on Friday in U.S. trading, erasing its gains from the previous session. Wheat for March delivery fell to $9.20 a bushel, down 25 cents on the day. The drop took wheat away from a weekly low. Wheat climbed by the most allowed by the Chicago Board of Trade on Thursday. March wheat prices moved at $9.45 a bushel, up the maximum 30 cents on the session.

Crude Oil Moves Below $98 Mark Friday, January 04, 2008 11:28:42 AM - Crude oil saw weakness on Friday in U.S. trading, backing away from its record levels. Light sweet crude for February delivery traded at $97.48, down $1.80 on the session. Oil dipped to as low as $97.17 in early trading and has been down throughout the session.

Service Sector Growth Slows Less Than Expected Friday, January 04, 2008 10:17:03 AM - Friday morning, the Institute for Supply Management released its report on activity in the service sector in the month of December, showing that the pace of growth in the sector slowed less than economists had been expecting.

Copper Prices Turn Lower Friday, January 04, 2008 10:15:39 AM - Copper prices fell on Friday in U.S. trading, as weak jobs data added further concern over the U.S. economy. Copper for March delivery fell 3.8 cents to $3.15 a pound. The red metal had been trading at a 10-day high before the slide.

Euro Zone Annual Inflation Holds Firm At 3.1% In December Friday, January 04, 2008 9:41:32 AM - Euro zone annual inflation held steady at its high in more than six years as well as above the central bank target in December, driven by surging food and energy prices. Separately, a survey found that service sector growth slowed in the Euro zone economy.

Oil Slips Below $99 A Barrel Friday, January 04, 2008 9:25:44 AM - Crude oil dropped back below the $99 a barrel mark in early trading on Friday, pulling away from its record levels. Light sweet crude for February delivery traded at $98.44, down 74 cents on the session. Oil dipped to as low as $98.30 in early trading, easing back from the $100 mark reached twice earlier this week.

Canadian Industrial And Raw Materials Prices Increase In November Friday, January 04, 2008 9:24:38 AM - Friday morning, Statistics Canada released its report on Canadian industrial product and raw materials prices in the month of November. The report showed a notable increase in industrial product prices as well as a sharp rise in raw materials prices.

December Job Growth Comes In Much Weaker Than Expected Friday, January 04, 2008 9:03:52 AM - Employment growth in the month of December slowed substantially, according to a report released by the Department of Labor on Friday, with the job growth coming in well below economist estimates. The report also showed a much bigger than expected jump in the unemployment rate.

Gold Slips Away From 28-Year High Friday, January 04, 2008 8:58:50 AM - Gold prices moved lower on Friday in U.S. trading and pulled back from its 28-year high reached in the previous session. March gold was at $866.00, down $3.10 for the day. Prices dipped to as low as $859.00 in the early going.

Source : http://www.forexsites.com/default.asp#top