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Finance Wire
OCT-04
Currencies: Weak Dollar, Global Trade Balances, CNNfn.
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Currencies: Weak Dollar, Global Trade Balances, CNNfn.
Publication: Finance Wire Publication Date: 29-OCT-04 |
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COPYRIGHT 2004 FDCH e-media
Original Source: MARKET CALL
DAVID HAFFENREFFER, CNNfn ANCHOR, MARKET CALL: For a look now at the role that currencies play in our trade situation here in the United States we turn to Sean Callow, a currency strategist at IDEAGlobal
Welcome. Good morning to you.
SEAN CALLOW, IDEAGLOBAL: Thank you.
HAFFENREFFER: The dollar at about a six-month low versus the yen, just above an eight-month low versus the euro. Before we get to trade, how are the currencies being affected by the GDP number this morning?
CALLOW: There was a little bit of dollar selling. It was a bit disappointing on the headline numbers and people picking...
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