London, Nov 12 : Indonesia has launched an early warning system that uses seabed sensors, land-based seismometers and satellite positioning equipment, to broadcast tsunami warnings within minutes of an undersea earthquake.

According to a report in the Times, the system is known as the Indonesian Tsunami Early Warning System, and has been built with German technology and funded by five foreign governments.

Follow-on selling drops rate, cross-spreaders on the sell side of the sterling pairs kept the rate under pressure. Thin two-way action. Stops under the 1.5500 area drop rate into next support area around 1.5400. Technical trade overnight. Resistance at 1.6000 likely to cap near-term.

Likely more bad news also due this week which will pressure calls for another BOE rate cut next month but that might be factored in. Traders note unwinding of Yen cross-spreads driving a lot of trade after the open.

London, Nov 12 : A new research has dispelled fears that In Vitro Fertilization (IVF) may elevate women’s risk of developing breast cancer.

The nationwide study in the Netherlands found that the fertility treatment has no effect on the disease.

Although no firm link between IVF and breast cancer has been established, some boffins are worried about the potential effects of fertility drugs used to stimulate the ovaries so that eggs can be collected and fertilised, reports Times Online.

Jakarta  - A Thai woman was sentenced to 14 years in prison Wednesday for trying to smuggle 500 grams of cocaine into the country early this year, media reports said.

The West Java Banten's Tanggerang district court found Thitirat Charoensuk, 24, guilty for violating the country's tough anti-narcotic laws.

In addition to handing down a 14-year jail sentence, the court also ordered the defendant to pay a fine of 60 million rupiah (5,330 dollars), chief judge Haryono said in the court ruling, the state-run Antara news agency reported.

In previous court hearings, government prosecutors had sought the death penalty for Thitirat.

Despite a US holiday and thin conditions the USD rallied after the start of the mostly-closed New York markets opened today; traders note that technical factors likely drove trade as the USD rose to new highs against the Swiss Franc.

Rising to a new two-year high  for a high print at 1.1880 conditions were dismal as traders were forced to cover back open shorts expected to be set into Wednesday. News was light as the Greenback continued to rally all day making significant highs against all pairs but still holding existing monthly ranges for the most part.