The euro continued gains against the U.S. dollar
during early European deals Wednesday.
The euro advanced to a 2-day high of 1.3213 against the greenback with
1.33 seen as the next upside target level. At Tuesday's close, the pair
was quoted at 1.3183.
Reversing direction, the European currency climbed
against the Canadian dollar in early European deals on Wednesday.
The euro approached a 2-day high of 1.3112 versus the loonie, recovering
from early Asian session's 2-day low of 1.3061. If the euro advances
further, it is likely to break 1.32 level....
The euro firmed against the Australian dollar in
early European deals on Wednesday.
The euro climbed to more than a 2-week high of 1.2741 against the
aussie, compared to Tuesday's close of 1.2726. The next upside target
level for the euro is seen at 1.28.
The Japanese yen proceeded with its early decline
against other major currencies in European morning deals on Wednesday.
The yen hit a 17-month low of 112.715 against the euro, near 21-month
low of 85.38 against the greenback, near 16-month low of 93.335 against
the franc, 1-week low of 137.74 against...
The euro advanced against the New Zealand currency
ahead of the European session on Wednesday.
The euro hit a 2-day high of 1.6065 against the kiwi, up 0.44 percent
from an early 2-day low of 1.5994. If the euro extends gain, it may
break 1.61 level. The pair finished yesterday's deals at 1.6044.
Ahead of the European session on Wednesday, the euro
inched up against the U.S. currency.
The euro that closed Tuesday's deals at 1.3183 against the greenback
gained to as high as 1.3197. On the upside, 1.33 is seen as the next
target level for the euro.
Erasing early losses, the Indian rupee gained ground against the U.S. dollar in afternoon deals on Wednesday.
A weak dollar as well as firm domestic equity markets supported the rupee.
The rupee is trading at a 5-day high of 54.925 against the greenback, off early 2-day low of 55.0825. The next...
In late Asian deals on Wednesday, the Japanese yen
continued its early decline against other major currencies.
The yen is now trading near a 17-month low of 112.565 against the euro,
near 21-month low of 85.37 against the greenback and near 16-month low
of 93.155 against the franc.
The Singapore dollar underperformed against the U.S.
currency on Wednesday in Asia.
The Singapore dollar hit 1.2243 against the greenback for the first time
since November 28. The next downside target level for the Singapore
currency is seen at 1.23. The pair closed yesterday's deals at 1.2213.
The Indian rupee that opened lower against the U.S.
dollar on Wednesday recovered slightly shortly thereafter.
The rupee is now trading at 54.98 per dollar, compared to early 2-day
low of 55.0825. The Indian markets were closed yesterday on account of
Christmas holiday.
During the Asian session on Wednesday, the Canadian
dollar retraced early gains against most major opponents shortly
thereafter.
The loonie is now trading at 0.9926 against the greenback, 1.0287
against the aussie and 1.3085 against the euro, reversing from early
multi-day highs of 0.9904, 1.0271...
The New Zealand dollar lost ground against the U.S.
dollar in the Asian session on Wednesday.
The kiwi that closed yesterday's deals at 0.8217 against the greenback
fell to a new 3-week low of 0.8210. The next downside target level for
the kiwi-greenback pair is seen at 0.815.
In early Asian deals on Wednesday, the yen declined
against other major currencies as traders reduced holdings of Japanese
currency on hopes that the new government under the leadership of Shinzo
Abe will pursue aggressive stimulus measures to combat deflation.
Japan's incoming Prime Minister Shinzo...
The Australian dollar extended yesterday's downtrend
against its US counterpart in late Asian deals Tuesday, falling to
1.0360 around 2:45 am ET, its weakest level since November 22. The
aussie-greenback pair closed Monday's deals a few pips above the key
1.04 level.
The aussie-buck pair is trading...
The Australian dollar extended previous session's
downtrend against its Canadian counterpart in early New York deals on
Monday. The aussie reached 1.0316 against the Canadian dollar around
8:50 am ET, its weakest level since November 5.
The aussie-loonie pair is now trading well-below its 50-day simple...
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