Excerpt from:  Forex
.
December 07, 2007

Early Forex Trading Rates

This morning's currency market rates
The day is starting out mixed in forex trading on the currency market. The U.S. dollar is doing a little better than it has lately on hopes that the Bush Administration announcement on the mortgage rate freeze will lead to a "soft landing" for the U.S. economy. The AP reports on this morning's early forex trading rates:

The euro traded at $1.4635, up from $1.4633 late Thursday in New York.

Other dollar rates:

_111.43 Japanese yen, up from 111.40

_1.1297 Swiss francs, down from 1.1300

_1.0133 Canadian dollars, up from 1.0097

The British pound was quoted at $2.0318, up from $2.0290.

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Topic Tags:  currency market, currency market rates, currency market U.S. dollar, forex trading, forex trading rates, mortgage rate freeze, soft landing U.S. economy, U.S. dollar

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