The News Review:

- Forex – US dollar remains under pressure in early Asian trade on…
- Forex – Norwegian krone up sharply on CPI data UPDATE
- Forex – Pound firms as producer prices hit new annual record

Forex – US dollar remains under pressure in early Asian trade on…
Forbes – Mar 10, 2008
ECB President Jean-Claude Trichet told reporters in Switzerland Monday that the dollar’s string of record lows was unsettling. ‘Excessive, volatile, and disorderly movements are undesirable for economic growth,’ he said after a meeting of central bankers at the Bank for International Settlements. ‘In the present circumstances, we are concerned about excessive exchange rate moves,’ he said.

Forex – Norwegian krone up sharply on CPI data UPDATE
Forbes – Mar 10, 2008
Norway’s consumer price index rose 0. 5 on a monthly basis, following January’s 0. 4 pct drop, although the annual rate was unchanged at 3.

Forex – Pound firms as producer prices hit new annual record
Forbes – Mar 10, 2008
Input prices jumped by 1. 7 pct in February from January, bringing the annual rate to 19. 3 pct — the largest annual increase since records began in 1986. Meanwhile, output prices — which are monitored by the Bank of England as a signal of pipeline inflation — rose a monthly 0.