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Bankok Dangerous

A hitman (Cage) in Bangkok to pull off a series of jobs
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Ice Age: Dawn of the Dinosaurs

It is funnier than ever
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Iron Man Trailer

Excellent movie effects
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No Country for old men

Excelent a must see movie!
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Hellboy 2: the Golden Army

Bigger muscle, badder weapons
Monday, 09 August 2004 08:30
* Dollar rises vs euro as risk aversion persists * Yen supported on persistent global economy fears * Euro zone inflation plunges (Recasts, adds comments, changes dateline and byline) By Vivianne Rodrigues NEW YORK, Nov 28 (Reuters) - The dollar rose against the euro on thin trade on Friday, as weak equities markets and fears of a deepening global recession led investors to seek the U.S. currency as a haven. Worries about consumer spending helped weigh on U.S. and European shares, while the low-yielding yen gained ground. Extreme risk aversion and repatriation flows have been supporting the U.S. currency recently. The euro weakened against the yen and sterling on growing expectations that slowing euro zone inflation may lead the European Central Bank to cut interest rates more aggressively next week from the current benchmark rate of 3.25 percent. Trading volumes were lower than usual as U.S. markets reopened for only half a day after Thanksgiving Holiday. "Trading is very thin, with the dollar getting support from a drop in global equities and fear the start of this shopping season is going to be really bad," said Greg Salvaggio, a currency trader at Tempus Consulting in Washington D.C. "Euro/dollar is going to be stuck in a narrow trading range between 1.26 and 1.30 for now." In mid-morning trading in New York, the euro was 1.1 percent lower at $1.2746 , while the dollar was up 0.7 percent against a basket of six currencies at 86.378 .DXY. Some traders also mentioned sizable month-end dollar buy-orders at the London (1600 GMT) currency fixing was adding support to the U.S. unit. Political jitters may also have helped the dollar after militants killed more than 100 people in Mumbai, India's financial center, in coordinated attacks. For details, see [ID:nLR648031] "It's another 'negative' looming in the markets," said Salvaggio. "It may also be giving a bit of a lift to Treasuries and the dollar this morning." Looking ahead to next week, markets were bracing for interest rate decisions by several central banks next week, including the Bank of England, the ECB, the Reserve Bank of Australia and the Reserve Bank of New Zealand.
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