The Japanese yen proceeded with its early fall
against other major currencies in early European deals on Thursday.
The yen is now trading at 2-day lows of 89.64 against the greenback,
119.61 against the euro, 96.39 against the franc, 142.04 against the
pound, 94.26 against the aussie and 75.51 against...
After briefly pulling back from its uptrend at the
beginning of the European session, the euro resumed its Asian session's
rally against the Australian dollar on Thursday.
The euro rose to a 6-day high of 1.2696 against the Australian dollar
around 4:15 am ET, up from Wednesday's closing value of...
The Eurozone flash PMI and current account figures
were released at 4.00 am ET Thursday. Following these reports, the euro
rose slightly against its major counterparts.
The euro is presently trading at 1.3327 against the greenback, 119.19
against the yen, 1.2405 against the franc and 0.8414 against the pound.
The Eurozone flash PMI and current account figures
are due at 4.00 am ET Thursday. The composite PMI is forecast to rise to
47.5 in January from 47.2 in December.
Ahead of these reports, the euro held steady against other major
currencies.
As of 3:55 am ET, the euro was worth 1.3318 against the...
Germany's flash manufacturing PMI rose to 48.8 in
January from 46 in December. Meanwhile, the services PMI rose to 55.3 in
the month. Economists had expected the manufacturing PMI rose to 46.8,
while the services PMI remained unchanged at 52.
The euro held steady against its major rivals after the...
Reversing direction, the Swiss franc fell against
the British pound in the early European session on Thursday.
The franc that closed yesterday's trading at 1.4729 against the pound
slipped to a 2-day low of 1.4775. The next downside target level for the
franc is seen at 1.48.
The U.S. dollar advanced against the Swiss currency
in the European morning session on Thursday.
The greenback hit a 2-day high of 0.9323 against the franc and the next
likely upside target level for the greenback is seen at 0.94. The pair
ended yesterday's trading at 0.9295.
Germany's PMI data is due out at 3:30 am ET. The
flash manufacturing PMI is expected to rise to 46.8 in January from 46
in December. Meanwhile, the services PMI is forecast to remain unchanged
at 52.
The euro edged lower against its major rivals ahead of the report. As of
3:25 am ET, the common currency...
The euro eased from its early highs against other
other major currencies in the early European session on Thursday after
the release of weaker-than-expected French PMI data and Spanish jobless
rate for the fourth quarter.
In France, flash manufacturing PMI for January came in at 42.9, down
from expectations...
After moving broadly sideways in the early Asian
session, the euro resumed its overnight uptrend against the pound in
late trading on Thursday.
The common currency climbed to a 2-day high of 0.8426 against the pound,
up from 0.8407 hit late New York Wednesday.
On the upside, the euro-pound pair...
The euro proceeded with its early gain against the
Canadian currency during late Asian deals on Thursday.
The euro climbed to near an 11-month high of 1.3349 against the loonie
from Wednesday's close of 1.3311. On the upside, the euro may break 1.34
level.
The euro gained ground against other major opponents in late Asian deals on Thursday.
The euro is now trading at 1.3345 against the greenback and the euro is likely to find next upside target level at 1.34.
Against the pound and the franc, the euro that closed yesterday's deals at 0.8407 and 1.2379...
In the late Asian session on Thursday, the Japanese
yen continued its early decline against other major currencies after
country's Deputy Economy Minister Yasutoshi Nishimuras remarks that yen
at 100 per dollar will not pose a problem to the economy.
Nishimura added that yen to dollar in 110-120 range...
The Indian rupee has been weakening against the U.S.
dollar in early deals on Thursday amid a slide in regional equities.
The rupee that ended yesterday's deals at 53.6755 against the greenback
fell to as low as 53.8705. The rupee may face next support level at
54.00.
The European currency firmed against the Canadian
unit on Thursday in Asia.
The euro approached 1.3326 against the loonie for the first time since
April 2. The next resistance level for the euro-loonie pair is seen at
1.34. At yesterday's close, the pair was worth 1.3311.
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