Wednesday, 2 January 2013

RTTNews Currency Alert (January 2, 2013).


RTT News: Global Financial Newswires



The European currency extended previous session's downtrend against its Canadian counterpart in early deals on Wednesday. The euro reached 1.3061 against the Canadian dollar around 4:35 am ET, its weakest level since December 22. The pair failed to climb above the key 1.32 level and has been trading...

Extending early slide, the euro declined against the Australian dollar in European morning deals on Wednesday. The euro hit a 12-day low of 1.2630 against the aussie and the euro is likely to breach 1.255 level, if it extends slide. The pair closed yesterday's deals at 1.2703.

After the release of U.K. manufacturing PMI for December at 4:30 am ET Wednesday, the pound changed little against the yen and the dollar, but gained against the franc and the euro. The pound is now trading at 1.6332 against the greenback, 142.11 against the yen, 1.4894 against the franc and 0.8121 against the euro.

At 4:30 am ET Wednesday, U.K. manufacturing PMI for December is due. Ahead of the data, the pound moved sideways against other major currencies. At 4:25 am ET, the pound was quoted at 1.6324 against the greenback, 142.28 against the yen, 1.4869 against the franc and 0.8133 against the euro.

Manufacturing PMI data from major euro-zone economies have been released in the early European session on Wednesday and the euro was little affected by the data. As of 4:02 am ET, the common currency was trading at 1.3283 against the US dollar, 115.77 versus the yen, 0.8140 against the pound and 1.2090...

Manufacturing PMI data from major euro-zone economies are scheduled for release shortly in the early European session on Wednesday. Italy's purchasing managers index is expected to have improved to 45.3 in December from 45.1 in the previous month. Manufacturing PMI data is expected to have unchanged...

The Malaysian Ringgit erased its early gains against the U.S. dollar in the Asian session on Wednesday. The ringgit is now trading at 3.0390 against the greenback, reversing from a 2-1/2-month high of 3.0346 hit in early deals.

In the Asian session on Wednesday, the U.S. dollar and Japanese yen lost ground against other major currencies as U.S. law makers approved legislation averting fiscal cliff, reducing demand for safe-haven assets. The House of Representatives passed the bill today following U.S. Senate approval for...

The Indian rupee opened higher against the U.S. dollar on Wednesday as sentiment was boosted after U.S. lawmakers resolved fiscal cliff. The bill makes permanent the tax reductions for most households and delays automatic spending cuts for two months. The rupee that closed Tuesday's deals at...

The Australian and New Zealand dollars strengthened against their major counterparts on Wednesday's early Asian session on optimism that U.S. will finally resolve fiscal cliff, as House of Representatives are set to pass the bill after being considered by the Senate yesterday. As per the bill, the...

The U.S. dollar slipped against the Canadian dollar during early Asian deals on Wednesday. The greenback that closed yesterday's deals at 0.9933 against the loonie slipped to 0.9871, its weakest level since December 19. The next downside target level for the greenback is likely seen at 0.98.

The U.S. dollar underperformed against its European major counterparts in early Asian trading on Wednesday. The greenback fell to near 2-week lows of 0.9090 against the franc and 1.3288 against the euro with 0.905 and 1.335, respectively seen as the next support levels. Against the British unit,...

The Japanese yen lost ground against its major counterparts during the early Asian session on Wednesday. The yen fell to a 2-1/2-year low of 141.82 against the pound, more than 2-year low of 86.98 against the greenback, more than 4-year lows of 91.01 against the aussie and 72.94 against the kiwi. The...

The New Zealand dollar outperformed against other major currencies during Asian morning deals on Wednesday. The kiwi approached more than a 4-year high of 72.94 against the yen and more than a 2-week high of 1.2472 against the aussie. Against the greenback and the euro, the kiwi climbed to 2-week...

The Australian dollar firmed against most major opponents in the early Asian session on Wednesday. The aussie that closed yesterday's deals at 1.0402 against the greenback and 1.2687 against the euro advanced to near a 2-week high of 1.0439 and a 9-day high of 1.2670, respectively. Against the...

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