The yen retraced its early gains against its major
counterparts in the European session on Wednesday.
The yen is now trading at 88.52 against the greenback, 140.37 against
the pound, 89.32 against the loonie, 95.30 against the franc, 118.13
against the euro, 74.62 against the kiwi and 93.51 against...
Reversing early losses, the euro advanced against
the New Zealand currency in European trading on Wednesday.
The euro that fell to near a 2-week low of 1.5756 against the kiwi
earlier bounced back and is worth 1.5855. The euro has resistance around
1.60 level.
Erasing morning session's losses, the Indian rupee
edged up against the U.S. dollar in later deals on Wednesday.
The rupee is presently trading at 53.67 per dollar, compared to an early
low of 53.8855. The greenback-rupee pair closed yesterday's deals at
53.82. The next upside target level for the...
The U.S. dollar wiped out early gains against the
Swiss franc in the European session on Wednesday.
The greenback declined 0.41 percent to 0.9280 against the franc from a
high of 0.9318 hit around 3:20 am ET. If the greenback slides further,
it may break 0.92 level. On Tuesday, the pair closed deals at 0.9295.
In the early European session on Wednesday, the
pound strengthened against most major currencies following a report
showing that country's jobless claims unexpectedly declined in December.
The latest figures from the Office for National Statistics showed that
the number of jobless claims or the claimant...
After the release of Switzerland's ZEW economic
sentiment index for January at 5:00 am ET Wednesday, the franc changed
little against other major currencies.
The franc is now trading at 0.9286 against the greenback, 1.4746 against
the pound, 95.20 against the yen and 1.2389 against the euro.
Switzerland's ZEW economic sentiment index for
January is due at 5:00 am ET Wednesday. Ahead of the data, the franc
showed mixed trading against other major currencies. While the franc
gained against the yen and the dollar, it held steady against the euro.
Against the pound, the franc fell.
At 4:55...
Bank of England's minutes of its January
rate-setting meeting and the U.K. claimant count rate for December have
been released at 4:30 am ET.
The pound edged higher against its major rivals following the release of
the minutes and data. As of 4:33 am ET, the sterling was trading at
140.14 against...
At 4:30 am ET, the Bank of England is slated to
issue the minutes of the rate-setting meeting held on January 9 and 10.
The bank had kept the size of quantitative easing at GBP 375 billion and
its key interest rate at 0.50 percent.
In the meantime, the Office for National Statistics is slated to
issue...
The U.S. dollar continued its early slide against
the Canadian dollar in the European morning session on Wednesday.
The greenback that closed Tuesday's deals at 0.9921 against the loonie
slipped to a 5-day low of 0.9908. On the downside, the greenback-loonie
pair may break 0.988 level.
The New Zealand dollar extended its late Asian
session uptrend against other major currencies in early deals on
Wednesday.
The kiwi climbed to a 12-day high of 1.5756 against the euro and an
8-day high of 0.8441 against the US dollar around 4:10 am ET.
The NZ dollar also jumped to a 6-day high...
In the early European session on Wednesday, the
pound erased its early losses against most major currencies after Prime
Minister David Cameron's statement that a referendum about the
membership in the EU will be held only in the next Parliament.
Prime Minister was delivering the speech about the...
The pound lost ground against the U.S. dollar on
Wednesday's early European session amid U.K. Prime Minister David
Cameron's speech about the membership in the European Union.
Cameron said that Euro-zone problems are fundamentally changing the
Europe and there is competitive crisis. He added that...
The Canadian dollar strengthened against its major
rivals in early European deals on Wednesday.
The loonie climbed to a 5-day high of 1.3176 against the euro around
3:15 am ET, up from 1.3219 hit late New York Tuesday. The near-term
resistance for the Canadian currency is seen around the 1.3110 level...
The New Zealand dollar inched up against the U.S.
dollar in early European deals on Wednesday.
The kiwi that closed yesterday's deals at 0.8412 against the greenback
rose to as high as 0.8426. The next upside target level for the kiwi is
seen at 0.85.
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