Currencies Round up (Tuesday, November 10, 2009)

FX round-up: Dollar broadly lower The dollar was broadly weaker on Monday, falling sharply against the euro and the pound, as commodities and stocks powered ahead. Analysts said there was disappointment that the weekend’s G-20 meeting was concluded without any official comment on the US currency’s ongoing decline. The dollar index, which measures the greenback against a basket of six other currencies, fell 0.8% to 75.04 after hitting a low of 74.930. Instead G-20 officials underlined their commitment to continued government stimulus, sparking appetite for riskier assets. The euro pushed back above $1.50 level after data showed German industrial production rose 2.7% in September. Sterling received plenty of interest early on, stirred up by the renewed Ł10bn Kraft bid for Cadburys. The bid sent sterling through its resistance against the dollar at $1.6740 but eased back after Cadburys’ rejection of the bid.

	GBP	AUD	CAD	JPY	EUR	CHF	USD
GBP	1.0000	1.7940	1.7619	149.5301	1.1112	1.6791	1.6643
AUD	0.5574	1.0000	0.9821	83.3480	0.6194	0.9359	0.9277
CAD	0.5676	1.0182	1.0000	84.8675	0.6307	0.9530	0.9446
JPY	0.0067	0.0120	0.0118	1.0000	0.0074	0.0112	0.0111
EUR	0.8999	1.6145	1.5856	134.5692	1.0000	1.5111	1.4978
CHF	0.5955	1.0684	1.0493	89.0524	0.6618	1.0000	0.9912
USD	0.6008	1.0779	1.0587	89.8450	0.6676	1.0089	1.000