Monday, 31 December 2012

RTTNews Currency Alerts (December 31, 2012)


 
The U.K.'s sterling was the clear outperformer among major currencies in early deals Monday despite the lingering worries over the looming fiscal cliff and thin trading in the equity markets ahead of the New Year. The British currency took the upper-hand over other majors in the morning after a report...

The pound that drifted weaker against the US dollar in late Asian deals Monday recouped some of its losses in the early European trading. The sterling climbed to 1.6180 against the greenback around 5:20 am ET, up almost 0.3 percent or nearly 50-pips from previous low of 1.6136. If the cable extends...

The U.S. dollar advanced against most major opponents on Monday as investor sentiment was weighed by the stalemate in U.S. budget negotiations. The U.S. Senate will reconvene later in the day in its final attempt to reach a deal before the year-end deadline. Talks over weekend showed little progress...

Ahead of European trading on Monday, the Canadian dollar gained ground against the U.S. dollar. The loonie that ended Friday's deals at 0.9968 against the greenback hit a 4-day high of 0.9938. On the upside, 0.99 is seen as the next target level for the loonie.

The U.S. dollar climbed against the pound ahead of the European session on Monday. The greenback is trading at 1.6139 against the pound, up from Friday's close of 1.6172. The next resistance level for the greenback is seen at 1.605.

The Swiss franc lost ground against the pound in late Asian deals on Monday. The franc declined to a 1-week low of 1.4792 against the pound with 1.482 likely seen as the next downside target level. The pair finished Friday's deals at 1.4769.

In late Asian deals on Monday, the euro declined against the Canadian dollar. The euro is now trading at 1.3129 against the loonie, compared to Friday's close of 1.3180. The next downside target level for the euro-loonie pair is seen at 1.305.

In the Asian session on Monday, the U.S. dollar gained against most major opponents. The greenback edged up to 0.9154 against the franc and 1.3190 against the euro, compared to last week's close of 0.9133 and 1.3222, respectively. Against the yen, the dollar is worth 86.13, off its early 4-day...

The euro slipped against the U.S. dollar and pound in Asia on Monday. The euro hit a 1-week low of 0.8165 against the pound with 0.81 likely to target as next downside level. Against the greenback, the euro is trading at 1.3190, compared to Friday's close of 1.3222.

The Japanese yen retraced its early gains against other major currencies in the Asian session on Monday. The yen is trading at 86.17 against the greenback, 89.44 against the aussie, 70.95 against the kiwi and 86.52 against the loonie, compared to early 4-day highs of 85.76, 89.00, 70.39 and 86.15,...

The Singapore dollar advanced against the U.S. currency in the Asian session on Monday. The Singapore dollar reached 1.2217 per greenback, its highest level since December 27. The next upside target level for the Singapore currency is seen at 1.22. The pair closed last week's deals at 1.2239.

The Australian and New Zealand dollars advanced against other major currencies in early Asian deals on Monday, as investors waited to see whether U.S. law makers can reach budget agreement before the year-end deadline. Senate negotiations over the weekend to craft a deal showed little progress as...

The New Zealand dollar strengthened against the Australian dollar in Asian morning deals on Monday. The kiwi approached 1.2621 against the aussie, its strongest level since December 27. If the kiwi rises further, it may break 1.26 level. The pair closed Friday's trading at 1.2653.

The Australian dollar firmed against the U.S. and Canadian currencies in early Asian deals on Monday. The aussie hit a 10-day high of 1.0359 against the loonie and a 1-week high of 1.0411 against the greenback with 1.04 and 1.045 seen as the next upside target levels, respectively. The aussie closed...

In early Asian deals on Monday, the New Zealand dollar climbed against the U.S. currency. The kiwi that closed Friday's deals at 0.8200 against the greenback advanced to 0.8243, its highest level in a week. The next upside target level for the kiwi is seen at 0.83.

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