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Nov 2, 2006

* EUR/USD= 1.2764, increased from 1.2745. EUR/JPY= 149.06, dropped from 149.45
* USD/JPY= 116.79, dropped from 117.31
* AUD/USD= 0.7736, increased from 0.7705
* GBP/ JPY= 222.72, dropped from 223.32. GBP/USD= 1.9086, increased from 1.9048.

* Due to last Thursday's speculations that the European Central Bank could increase interest rates next month, the    USD fell against the EUR. The ECB is predicted to keep the rates untouchable at 3.25 percent today afternoon.    Jean-Claude Trichet, ECB president, said the interest rates of the EUR-zone are still low and called for "strong    vigilance". As a response Alex Beuzelin, A market analyst from Washington D.C., said:" Trichet met market    expectations and delivered the goods by clearly telegraphing a December quarter-point rate rise" and    commented about Friday's US employment reports: "But failure to provide insight to policy outlook for early next    year had the affect of capping the EUR's gains. Markets are now on hold ahead of tomorrow's payrolls report".

* The EUR is in a baby-steps-bullish since the ECB announcement regarding leaving the interest rates untouchable.





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