The Indian rupee erased its early morning advance
against the dollar at the end of Tuesday's domestic deals, retreating to
53.8855 from a 3-month high of 53.3805 hit in the morning trading.
The rupee was down against the dollar on weak domestic equities.
However, the declining trend for the dollar...
The euro halted its early European session downtrend
against other major currencies on Tuesday as the German economic
confidence rose sharply in January to the highest level since May 2010.
Financial market experts see the economic perspectives for the
euro-zone's largest economy are brightening up...
The US dollar extended its late Asian session
downtrend against the Swiss franc in early European deals Tuesday,
falling to a weekly low of 0.9285 around 5:15 am ET.
The near-term support for the greenback-franc pair is seen at 0.9270. If
the pair extends downtrend beyond this support, then the next...
Germany's ZEW economic sentiment index rose 31.5 in
January against the expectation of an increase of 12 in month. The index
rose 6.9 in December.
The euro edged higher against its major rivals after the data. As of
5:02 am ET, the common currency was trading at 118.23 against the yen,
1.3327 against...
Germany's ZEW economic confidence survey results are
due out at 5:00 am ET. The economic sentiment index is expected to rise
to 12 in January from 6.9 in December. At the same time, current
conditions is seen at 6.2, up from 5.7 in the prior month.
The euro paused its recent sell-offs against other...
In early European deals on Tuesday, the euro
underperformed against commodity currencies.
The euro declined to an 11-day low of 1.5780 against the kiwi and a
5-day low of 1.2574 against the aussie, compared to yesterday's close of
1.5929 and 1.2663, respectively.
Against the loonie, the euro that...
The Australian dollar extended its late Asian
session rally against the Canadian dollar in early deals Tuesday,
breaking the psychological mark of 1.05 for the first time since August
9, 2012.
The Australian dollar is poised to extend gains against the Canadian
dollar in the near-term, with 1.0550...
The Japanese yen continued its early strength
against other major currencies in early European deals on Tuesday.
The yen is trading near a 2-week high of 139.88 against the pound, 6-day
high of 89.24 against the loonie, 5-day highs of 88.63 against the
greenback, 117.79 against the euro and 95.07...
In European morning deals on Tuesday, the British pound weakened against its major opponents.
The pound is now trading at 1.5824 against the greenback, down from an early high of 1.5866.
Against the franc and the euro, the pound is trading at an 8-day low of 1.4737 and near an 11-month low of 0.8442,...
Extending gain, the New Zealand currency spiked
higher against the U.S. dollar ahead of European deals on Tuesday.
The kiwi that closed Monday's deals at 0.8363 against the greenback hit a
6-day high of 0.8430. On the upside, the kiwi-greenback pair may break
0.845 level.
The Australian dollar continued its Asian session's
rally against the U.S. dollar ahead of the European session on Tuesday.
The aussie climbed to a 5-day high of 1.0573 against the greenback and
the next upside target level for the aussie-greenback pair is likely
seen at 1.06. At Monday's close, the...
The Australian dollar continued to move in an
ascending track against its Canadian rival in late Asian deals Tuesday,
rising as high as 1.0490 around 2:50 am ET, its strongest level since
August 2012.
The aussie-loonie pair is poised to extend its rally beyond the 1.05
level with 1.0520 seen as the...
The U.S. dollar drifted lower against the Canadian
unit ahead of European deals on Tuesday.
The greenback that ended Monday's trading at 0.9930 against the loonie
declined 0.18 percent to 0.9912. The greenback may seek next downside
target level at 0.988.
Extending its mid-Asian session advance, the euro
touched 1.3258 against the Canadian dollar around 2:00 am ET, its
strongest level since April, 2012.
The next barrier for the EUR/CAD currency cross is seen at 1.3315/35.
Ahead of the European session on Tuesday, the U.S.
currency weakened against European major counterparts.
The greenback fell to a 6-day low of 0.9296 against the franc and a
4-day low of 1.3372 against the euro and the next likely support level
for the greenback is seen at 0.925 and 1.345, respectively.
Against...
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