Wednesday, June 27, 2007

Euro Choppy Against Buck And Cable, Weak Versus Yen, Wednesday, June 27, 2007 2:22:17 PM

The euro was choppy against the dollar and sterling on Wednesday afternoon in New York, but was weak versus the yen. The European currency moved with little economic news from the area.

The euro was choppy against its American counterpart in trading on Wednesday afternoon. The currency moved in a range with a high of 1.3446 and a low of 1.3415. On the whole, the European currency is at a weekly low.

The euro moved little against the British pound in action on Wednesday. By the mid afternoon, the European currency had bounced between a high of 0.6738 and a low of 0.6724. In general, the euro is at a weekly low against its British counterpart.

The euro fell against the yen in the first few hours of trading on Wednesday. As trading moved into the mid afternoon, the currency moved little against the yen as it stuck near a mark of 164.53. Overall, the European currency is at a two week low versus the yen.
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