Friday, 28 December 2012

RTTNEws Forex Currency Alerts (December 28th, 2012).


The Canadian dollar lost ground against the Australian currency during early European deals on Friday. The loonie declined to 1.0340 against the aussie, its weakest level since December 24. The loonie thus lost 0.08 percent against the aussie from yesterday's close of 1.0332. On the downside, 1.04...

The euro underperformed against most major currencies in the early European session on Friday. The euro that finished Thursday's deals at 1.3238 against the greenback fell to a 4-day low of 1.3180. Against the pound, the euro declined to as low as 0.8189 after strengthening to 0.8227 earlier. The...

The US dollar edged higher against the major currencies of Europe in early deals on Friday. The greenback touched multi-day highs of 1.3180 against the euro and 0.9171 against the Swiss franc around 4:20 am ET. The US dollar also advanced against the British sterling, rising as much as 1.6090 around...

Erasing gains, the Swiss currency declined against the yen, pound and the U.S. dollar in early European trading on Friday. The franc that climbed to a multi-month high of 94.93 versus the yen reversed direction and is presently worth 93.97. The franc slipped to a 2-day low of 1.4764 against the...

The euro slipped against the Canadian unit by about 3:55 am ET Friday. The euro fell to a 2-day low of 1.3124 against the loonie and the euro is likely to find next downside target level at 1.305. The euro-loonie pair closed Thursday's deals at 1.3179.

The European currency pulled back from an early high against the U.S. dollar in early European deals on Friday. The euro is trading at 1.3208 against the greenback, down 0.37 percent from an early high of 1.3257. If the euro extends decline, it is likely to breach 1.32 level. The pair closed yesterday's deals at 1.3238.

The euro weakened against the Australian and NZ dollars in early European deals on Friday. The euro hit 2-day lows of 1.6084 against the kiwi and 1.2737 against the aussie, compared to yesterday's close of 1.6133 and 1.2761, respectively. On the downside, the euro is likely to break 1.60 against the...

The Japanese yen erased its early lows against other major currencies in early European deals on Friday. The yen is trading at 70.83 against the NZ dollar, 86.18 against the greenback, 86.64 against the loonie, 113.95 against the euro, 94.30 against the franc, 138.75 against the pound and 89.40 against...

In European morning deals on Friday, the U.K. currency declined against the Swiss franc. The pound slipped to 1.4698 against the franc around 3:05 am ET, its lowest level since May 1. The next downside target level for the pound-franc pair is seen at 1.46. The pair closed yesterday's deals at 1.4710.
After moving broadly sideways in the early Asian session, the Australian dollar advanced to multi-day highs of 1.0394 against its US counterpart in late trading on Friday. The aussie-greenback pair is fast approaching the 1.04 level and its next likely resistance beyond this level is seen around the...

The U.S. dollar ticked down against European major currencies ahead of the European session on Friday. The greenback is trading at 0.9121 against the franc and 1.6129 against the pound and the dollar may target next downside levels at 0.905 and 1.62, respectively. Against the euro, the greenback...

The Chinese yuan traded higher against the U.S. dollar on Friday in Asia. The yuan climbed to a 1-week high of 6.2306 against the greenback, compared to Thursday's close of 6.2405. The next upside target level for the yuan is seen at 6.22.

In the Asian session on Friday, the Malaysian Ringgit advanced against the U.S. currency. The ringgit that ended yesterday's deals at 3.0615 against the greenback approached 3.0597, its highest level in a week. The next upside target level for the ringgit is seen at 3.05.

The Japanese yen lost ground against other major currencies in the Asian morning session on Friday, as weak CPI and industrial production data added speculation that the authorities will pursue drastic stimulus measures to prop up the economy. Industrial output in Japan fell a seasonally adjusted...

EURUSD2-122712.jpg The dollar has rebounded from its early weakness against its major European competitors on Thursday and has extended its gains against the Japanese Yen. The reversal followed the release of the better than expected weekly jobless claims data. First-time claims for U.S. unemployment benefits showed...

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