RTTNews | Currency Alerts ( December 4th, 2012 )

Currency Alerts

Swiss Franc Extends Losses Against Majors

The Swiss franc extended yesterday's steep fall against its major opponents Tuesday on speculation that major Swiss banks will follow Credit Suisse decision to impose negative interest rates on interbank deposits. Credit Suisse said Monday that it will set negative rates on inter-bank cash accounts,..
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Indian Rupee Rebounds From 5-day Low Against US Dollar

The Indian rupee erased some of its early morning losses against the US dollar on Tuesday afternoon as domestic equities rebounded modestly on optimism that the government would win a parliamentary vote on FDI in multi-brand retail. The rupee also gained ground as the dollar weakened against the euro...

Euro Off Fresh Multi-month High Against Swiss Franc

The European shared currency shed some of its recent gains against the Swiss franc in early deals on Tuesday. The euro that advanced to more than a 2-month high of 1.2147 against the franc around 5:00 am ET fell to as low as 1.2109 before holding steady around 5:10 am ET. The next likely target...

Euro Mixed Amid Eurozone PPI Report

Eurostat said its producer price inflation slowed to 2.6 percent in October from 2.7 percent in September. Economists had expected the PPI to ease to 2.5 percent in the month. The European currency showed mixed performance against its major rivals after the report. While the euro edged higher against...

Euro Mixed Ahead Of Eurozone PPI Report

Eurostat is set to publish producer prices for October at 5:00 am ET. Eurozone producer price inflation is forecast to slow to 2.5 percent from 2.7 percent in September. The European currency showed mixed performance against its major rivals ahead of the report. While the euro edged higher against...

Pound At 4-day High Against Euro

In early European deals on Tuesday, the pound firmed against the European currency. The pound climbed to a 4-day high of 0.8106 against the euro at 4:45 am ET, compared to Monday's close of 0.8114. If the pound rises further, it may break 0.808 level.

Pound Mixed Following U.K. Construction PMI

Amid the release of U.K. construction Purchasing Managers' survey results for November at 4.30 am ET Tuesday, the pound inched down against the yen and the greenback but changed little against the euro and the franc. The pound is now trading at 1.6117 against the greenback, 132.24 against the yen,...

Pound Climbs Ahead Of U.K. Construction PMI

At 4.30 am ET Tuesday, U.K. construction Purchasing Managers' survey results are due. The index is seen falling to 50.5 in November from 50.9 in October. Ahead of the data, the pound advanced against other major currencies. At 4:25 am ET, the pound was worth 1.6121 against the greenback, 132.29...

Swiss Franc Declines Further Against Majors 

During European morning deals on Tuesday, the Swiss franc underperformed further against its major counterparts. The franc is trading at a 5-day low of 88.39 against the yen and a 4-day low of 0.9283 against the greenback and the next downside target level for the franc is seen at 88.00 and 0.93,...

Swiss Franc Extends Slide Against Pound And Euro 

The Swiss currency extended decline against the euro and the pound in early European deals on Tuesday. The franc fell to a 1-week low of 1.4942 against the pound and near a 6-week low of 1.2118 against the euro, down from Monday's close of 1.4899 and 1.2085, respectively. On the downside, the franc...

U.S. Dollar Hits Fresh 6-week Low Against Euro

In early European deals on Tuesday, the U.S. dollar lost ground against the European currency. The greenback declined to a fresh 6-week low of 1.3083 against euro with 1.314 likely to target next downside level. At Monday's close, the pair traded at 1.3054.

Pound Jumps To Nearly 5-week High Against Dollar

The pound touched 1.6119 against the US dollar around 3:30 am ET Tuesday, its strongest level since November 2. The pair is trading well above its trend line resistance of a triangle in the daily chart and the MACD stayed above its signal line, which shows the current bull run may extend in the near-term. On...

NZ Dollar Trades At 5-day High Against Greenback

The New Zealand dollar continued to creep higher against its U.S. counterpart in early European deals on Tuesday. The kiwi climbed to a 5-day high of 0.8241 against the US dollar, up by more than 0.3 percent from Monday's close of 0.8213. On the upside, the New Zealand currency may find target...

Yen Extends Gain Against Majors 

The Japanese yen extended its early rally against its major opponents ahead of the European session on Tuesday. The yen climbed to a 5-day high of 81.93 against the greenback, 4-day high of 88.51 against the franc and a 6-day high of 82.36 against the loonie. Against the pound and the euro, the...

Euro At Near 6-week High Against Franc 

The euro lifted up against the Swiss currency around 2:40 am ET Tuesday. The euro advanced to 1.2102 against the franc for the first time since October 26. The next resistance level for the euro-franc pair is seen at 1.22. The pair closed yesterday's deals at 1.2085.