08.01.2001 09:16:00 TT-FX
us names said to be the main buyers in this usd/chf up move trades at 1.6050 level, but amounts said modest and probably related to the general euro selling currently

08.01.2001 09:14:00 TT-FX
europe sees some overall euro selling currently..eur/gbp down 0.6320..eur/usd down 0.9535..eur/yen down 110.90..eur/chf down 1.5305

08.01.2001 09:07:00 TT-FX
eur/gbp selling seen mostly out of france trading 0.6335 also the earlier M&A deal said a factor in the lower cross

08.01.2001 08:59:00 TT-FX
Gold opened at 268.40/268.70, a touch firmer on euro strength..buying interest from early european interest kept the gold bid up...trading currently at $268.90/269.40

08.01.2001 08:56:00 TT-FX
eur/chf traded higher first thing in europe due to french names buying at 1.5320 level but some profit taking has stopped the move above 1.5330 and cross now trades down at 1.5310 again


08.01.2001 08:21:01 TT-FX
Weekend press talks of pending M&A deals favouring mostly the sterling..gbp/usd well bid around 1.4990-1.5000 level but also needs to overcome the highs at 1.5095..

08.01.2001 08:20:00 TT-FX
USD/CHF-important tech level to watch is 1.5880..if broken tragets 1.5500

08.01.2001 08:18:00 TT-FX
EUR/USD-rumour of 0.9500 eur/usd buying interest around by european central banks..next strong tech resistance is at 0.9600 traders favour buying dips 0.9540 target 0.9600 stop 0.9520
also positive euro article: Handelsblatt reports that M&A activity is set to explode in Germany over the next 2 years & exceed the level of deals seen in the UK & France - forcasts german firms will have completed 1.382 deals by the end of 2002 - reasons german gvmt reforms of the corp tax system and FFT's increasing importance as a pan-European trading centre for equities


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