In the early European session on Friday, the pound
declined against most major currencies following the release of
country's weaker-than-expected retail sales data for December.
Data from the Office for National Statistics showed that U.K. retail
sales, including automotive fuel, dropped unexpectedly...
Amid the release of U.K. retail sales for December
at 4.30 am ET Friday, the pound slipped further against other major
currencies.
The pound is now trading at 1.5934 against the greenback, 143.07 against
the yen, 1.4900 against the franc and 0.8373 against the euro.
The euro retraced early gains against other major currencies in early European deals on Friday.
The euro is trading at 1.3343 against the greenback, off its early 4-day high of 1.3399.
Against the franc, yen and the pound, the euro is worth 1.2466, 119.79 and 0.8367, reversing from early multi-month...
At 4.30 am ET Friday, U.K. retail sales for December
are due. Ahead of the data, the pound showed mixed trading against
other major currencies. While the pound recovered slightly against the
euro, it slipped against the rest of major currencies.
At 4:25 am ET, the pound was worth 1.5947 against the...
In early European deals on Friday, the U.K. currency
declined against the U.S. dollar.
The pound fell to near a 2-month low of 1.5941 against the greenback
with 1.59 seen as the next support level. The pair ended yesterday's
trading at 1.5994.
Extending rally, the U.S. dollar firmed against the
Canadian dollar in European morning deals on Friday.
The greenback rose 0.4 percent to 0.9898 against the loonie, its
strongest level since January 4. If the greenback extends gain, it may
break 0.992 level. The pair closed yesterday's trading at 0.9859.
The euro proceeded with early gains against the U.S.
dollar ahead of European deals on Friday.
The euro climbed to a 4-day high of 1.3399 versus the greenback,
compared to yesterday's close of 1.3375. On the upside, the euro may
break 1.345 level.
Extending gain, the euro advanced against the
Canadian dollar ahead of the European session on Friday.
The euro approached a 9-month high of 1.3222 against the loonie,
compared to yesterday's close of 1.3188. The next upside target level
for the euro is seen at 1.33.
The euro spiked up against other other major
currencies in the Asian session on Friday as encouraging economic data
out of the U.S. and China boosted investor sentiment.
The latest figures from the National Bureau of Statistics revealed that
the Chinese economy expanded 7.9 percent year-on-year in...
The Japanese yen drifted lower against the U.S. dollar and the euro on Friday in Asia.
The yen fell to a 2-1/2-year low of 90.21 against the greenback, compared to Thursday's close of 89.88.
Against the euro, the yen that closed yesterday's deals at 120.21 fell to more than a 1-1/2-year low of 120.73.
In early deals on Friday, the Indian rupee
strengthened against the U.S. dollar as the government's decision
yesterday to deregulate diesel prices improved investor sentiment.
Indian markets are trading higher as encouraging economic data out of
the U.S. and China eased worries about the global economic...
In the Asian session on Friday, the Swiss franc
underperformed against other major opponents as easing Eurozone worries
prompted traders to reduce holdings of safe-have assets.
Investor sentiment was lifted by successful Spanish debt auction
yesterday. The Spanish borrowing costs declined below 5.7...
The Australian dollar lost ground against the
European currency in Asia on Friday.
The aussie fell to 1.2729 against the euro, its lowest level since
January 2. On the downside, the aussie may break 1.28 level. The pair
closed Thursday's trading at 1.2686.
The Singapore dollar slipped against the U.S. dollar
in the Asian session on Friday.
The Singapore dollar depreciated by 0.16 percent to a 2-day low of
1.2256 against the greenback, compared to Thursday's close of 1.2236. On
the downside, the Singapore dollar may break 1.23 level.
During the early Asian session on Friday, the U.S.
dollar gained against the Canadian dollar.
The greenback that finished Thursday's deals at 0.9859 against the
loonie rose 0.15 percent to 0.9874. The next upside target level for the
greenback is seen at 0.99.
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