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Around 3:00 am ET, the Australian and the New Zealand currencies lost ground against its US and the Japanese counterparts. At about 3:25 am ET, the Aussie touched a low of 102.12 versus the Yen and 0.8936 against the Greenback. On the other hand, at about 3:30 am ET, the New Zealand dollar hit as low as 0.7469 and 85.34 against its US and the Japanese counterparts respectively.

Originally from RTT - Currency Trading Alerts on October 24, 2007, 1:12am

U.S. stock futures were weaker Wednesday, as investors grew uncertain ahead of Merrill Lynch’s earnings.

Originally from Latest stock market news from Wall Street - CNNMoney.com on October 24, 2007, 1:54am

FXstreet.com (Barcelona) For more information, read our latest forex news.

Originally from FXstreet.com: Latest News on October 24, 2007, 8:01am

FXstreet.com (Barcelona) For more information, read our latest forex news.

Originally from FXstreet.com: Latest News on October 24, 2007, 8:02am

FXstreet.com (Barcelona) – Euro Zone´s current account has posted a surplus based on gains on goods and services trade, which were partially offset by a deficit in current transfers, according to the latest report by the European Central Bank.

August’s current account surplus remained unchanged at 3.8 billion euro from July’s upwardly revised reading, initially estimated at 1.7 billion euro surplus.

The reasons of these figures are the surpluses posted in goods trade; 7.0 billion, and the 3.8 billion surplus in services transfers, on the negative side, the 6.7 billion deficit in current transfers.

The 12-month cumulated, working day-adjusted current account up to August 2007 recorded a surplus of EUR 23.4 billion, compared with a deficit of EUR 18.6 billion a year earlier.

Originally from FXstreet.com: Latest News on October 24, 2007, 8:14am

FXstreet.com (Barcelona) – Manufacturing activity in the Euro Zone is approaching levels close to contraction, according to the latest flash estimation manufacturing PMI, which continues declining in a context of an strong euro and after the credit crunch which seem to be suffocating European manufacturing sector.

The flash estimation of the Euro Zone’s Manufacturing PMI advances a decline to 51.5 in October from 53.2 in September, while te services PMI recovers to 55.6 in October from 54.2 in September.

The composite PMI has declined slightly to 54.5 in October from 54.7 in September.

Originally from FXstreet.com: Latest News on October 24, 2007, 8:45am

The US dollar traded further higher against the European majors but remained down versus the yen in the European deals on Wednesday.

Originally from RTT - Currency Trading Alerts on October 24, 2007, 12:21am

Extending the Asian session’s downtrend, the Canadian dollar declined further against its US and the Japanese counterparts during the early European deals on Wednesday. Japanese merchandise trade balance data for the month of September released earlier caused very little price effect in the Loonie-yen pair.

Originally from RTT - Currency Trading Alerts on October 24, 2007, 12:24am

Ahead of the release of the Italian business confidence data for the month of October, the euro showed weakness against its majors. As of 3:27 am ET, the euro collected 1.4202 against the dollar, 0.6949 against the Pound, 162.33 against the Yen and 1.6707 against the Francs.

Originally from RTT - Currency Trading Alerts on October 24, 2007, 12:29am

The European currency lost ground versus its major counterparts in the early European deals on Wednesday. Recent fall made the euro lose the gains it posted against the dollar and the yen yesterday.

Originally from RTT - Currency Trading Alerts on October 24, 2007, 12:38am