Currency Alerts
The euro staged a strong rally from yesterday's
corrective trend as a successful debt auction in Spain and improved
confidence in the eurozone elevated bullishness in the European shared
currency.
The Spanish borrowing costs declined below 5.7 percent for a maximum
target of EUR 4.5 billion of 2015,...
Extending its previous session's rally, the European
currency rose back above the key 1.27 mark against the Australian
dollar in early deals on Thursday.
The euro rose to a 3-day high of 1.2708 against the aussie before
leveling off around 5:10 am ET.
The euro-aussie pair reversed previous two-days'...
Eurozone's construction output dropped to 0.4
percent on month and 4.7 percent on year in November following minus 0.0
percent on month and minus 3.3 percent on year recorded in October.
The euro edged higher against its major rivals after the report. As of
5:04 am ET, the common currency was trading...
Eurozone's construction output for November is due
out at 5:00 am ET. In October, the construction output dropped 1.6
percent on month and 4.1 percent on year.
The euro edged higher against its major rivals ahead of the report. As
of 4:55 am ET, the common currency was trading at 0.8334 against the...
The European currency strengthened against the New
Zealand dollar by about 4:10 am ET Thursday.
The euro hit a 2-day high of 1.5907 versus the kiwi, up from early
multi-day low of 1.5787. On the upside, 1.595 is seen as the next target
level for the euro. The pair ended yesterday's deals at 1.5814.
Reversing direction, the Japanese yen slipped back against most major currencies in early European deals on Thursday.
The yen is trading at 2-day lows of 88.92 against the greenback and 118.70 against the euro.
Against the pound and the loonie, the yen declined to 142.45 and 90.14, respectively.
Following the release of ECB monthly report at 4:00
am ET Thursday, the euro changed little against other major currencies.
The euro is now trading at 1.3345 against the greenback, 0.8332 against
the pound, 1.2453 against the franc and 118.58 against the yen.
The euro gained ground against other major currencies in European morning deals on Thursday.
The euro is trading at multi-month highs of 0.8333 against the pound and 1.2448 against the franc.
Against the yen, the euro reversed and climbed back, hitting a 2-day high of 118.49.
The European single...
The European currency firmed against the Canadian
dollar in the early European session on Thursday.
The euro advanced to a 2-day high of 1.3168 against the loonie and the
next resistance level for the euro is likely seen at 1.33. The pair
finished yesterday's deals at 1.3107.
The U.S. dollar that reversed its direction fell
back against the euro and the pound in European morning deals on
Thursday.
The greenback is trading at 1.6020 against the pound and 1.3324 against
the euro, compared to Wednesday's close of 1.6009 and 1.3290,
respectively. On the downside, the greenback...
Swiss Federal Statistical Office data showed that
Switzerland's producer and import price inflation rose 0.1 percent on
month and 1.0 percent on year in December. Economists had expected the
index to advance to 0.1 percent month on month and 0.9 percent annually
in the month following previous month's...
Extending decline, the Australian dollar slipped
against the New Zealand dollar in the early European session on
Thursday.
The aussie slipped to a 1-week low of 1.2515 versus the kiwi and the
next downside target level for the aussie-kiwi pair is likely seen at
1.247. The pair ended yesterday's deals at 1.2580.
The Swiss franc dropped against its U.K., U.S. and
European counterparts ahead of the European session on Thursday.
The franc that ended Wednesday's trading at 0.9312 against the greenback
and 1.2374 against the euro fell to more than a 5-week low of 0.9350
and more than a 1-year low of 1.2426, respectively.
Against...
The Indian rupee that edged down against the U.S.
dollar in early deals on Tuesday reversed its direction and advanced
shortly thereafter.
The rupee that ended Wednesday's deals at 54.6939 against the greenback
advanced 0.21 percent to a 2-day high of 54.5755. On the upside, the
rupee may break 54.00 level.
The Japanese yen trimmed its previous decline
against its major counterparts in Asian deals on Thursday.
The Japanese currency is trading at 88.28 against the greenback, 141.12
against the pound, 117.18 against the euro, 92.73 against the aussie and
89.40 against the loonie, up from early lows of...
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