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Yen Advances to 15-Year High Versus Dollar Before Fed Releases Beige Book
The yen rose to a 15-year high against the dollar on speculation the Federal Reserve’s Beige Book business survey will add to evidence the U.S. economic recovery is stalling.

Australian Dollar Nears One-Month High Before Jobs Report; Kiwi Declines
The Australian dollar rose toward its strongest in four weeks before a report tomorrow forecast to show employers added positions for a sixth month, increasing pressure on the central bank to resume raising interest rates.

Pound Jumps Versus, Dollar, Euro Amid Rising Home Prices, M&A Speculation
The pound rose to its highest level against the dollar in more than a week as a gauge of U.K. house prices unexpectedly rose for a second month in August, easing concern the real-estate market’s recovery is losing steam.

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Sat, Dec 15 2007, 04:35:07 GMT
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