Currencies

The US dollar bounce continued last night as a credit downgrade for Greece invoked echoes of Dubai. Dow down 111. (Locked for subscribers until 10:00 AEDST)

Last week’s better than expected US employment report leads analysts to suggest short US dollar positions are becoming increasingly risky to hold.

A pall of disinterest settled over Wall Street last night as Ben Bernanke quelled any renewed fears of a rate hike. Dow up one point.

A surprise improvement in the US jobless rate saw stocks rally early, but a run in the greenback quickly brought the market back to earth. Dow up 22 points.

Contraction for the US services sector and weak same-store sales saw initial strength on Wall Street fade before a last minute sell-off. Dow down 86.

Australian retail sales for October were up slightly, reversing the weaker September figure.

The stock market attracted little interest last night but gold was in focus, setting a new record despite a stronger greenback. Dow down 19.

It was back to business as usual last night as the US dollar headed south once more. Dow up 126. (Locked for subscribers until 10:00 AEDST)

It was a light volume day on Wall Street for the end of the month as Dubai woes eased. Dow up 34.

Dubai debt issues overshadowed Black Friday, usually the only thing US markets are worried about on the short day after Thanksgiving.