25.10.2000, 08:18:00
japanese MOF Mizoguchy warned that G7 will cooperate as needed in the FX mkt and said euro is too weak given economic fundamentals

25.10.2000, 08:17:00
NYMEX december contract rebounded on access trading due to US stocks data API which showed crude stocks higher by 1.7 mln bpd (rise below mkt expectation of 2.5 mln bpd)..contract is at $ 33.52 up 15 cents..after close in NY dropped 39 cents to $ 33.37

25.10.2000, 08:16:00
another rather dull trading in asia - us equity market did not have large impact except Nortel 's bad Q3 earning pushed usd/cad to 1.5185 level but was not able to break above the 61.8% retrace level at 1.5200..eur/usd still has rumoured stops and option barrriers under 0.8330 and 0.8300..in usd/chf the situation is different, it was not able to break above 1.8000 level but stops rumoured above that level....and eur/chf finally gets a push higher which we expected already yesterday mostly due to interest rate spread widening between the two..tarket is 1.508 and even 1.5100 level


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