Monday, 28 January 2013

RTTNews Currency Alerts (January 28, 2013).: Pound Extends Downtrend Against Majors

RTT News: Global Financial Newswires



Currency Alerts


The Pound resumed last week's downtrend against its major rivals in early deals Monday as the market continues to mull over the comments made by Mark Carney, who assumes position as the governor of the Bank of England in July. Stressing the need to achieve "escape velocity", Carney hinted that central...

The Australian and New Zealand dollars edged lower against the European shared currency as last week's upbeat results on German business survey lifted optimism surrounding the eurozone. Both currencies were lower against the rest of majors too, on increasing profit taking. The resource-linked units...

The Australian dollar traded back to below the key 1.2950 level against the euro around 6:00 am ET, for the first time since May 2012. On the downside, 1.30 is seen as the next likely support level for the Australian currency in the near-term.

In early European deals on Monday, the Swiss franc gained against the euro, pound and U.S. dollar. The franc is now trading at 1.2463 against the euro, up from an early 10-day low of 1.2509. The Swiss currency that ended Friday's deals at 1.4646 against the pound and 0.9271 against the greenback...

The New Zealand dollar extended previous session's downtrend against other major currencies in early deals on Monday. The kiwi reached more than a monthly low of 1.6220 against the euro around 4:50 am ET. On the downside, the NZ dollar may find target around the 1.6230 level. The kiwi fell below...

The New Zealand currency continued its recent weakness against the Australian dollar in early European deals on Monday. The kiwi fell to a 4-day low of 1.2511 against the aussie, compared to Friday's close of 1.2449. On the downside, the kiwi may break 1.255 level.

The U.S. dollar firmed modestly against the Canadian dollar in European morning deals on Monday. The greenback that finished Friday's trading at 1.0063 against the loonie appreciated 0.39 percent to 1.0102. The greenback has resistance around 1.015 level.

In early European deals on Monday, the Australian dollar slipped against the U.S. and Japanese counterparts. The aussie declined to 1.0403 against the greenback, its lowest level since January 4. On the downside, the aussie may break 1.037 level. Against the yen, the aussie slipped to a 4-day low...

The Japanese yen strengthened across the board in late Asian/early European sessions' on Monday. The yen advanced to a 4-day high of 142.47 against the pound, compared to 143.68 hit late New York Friday. The Japanese unit also rose to 4-day highs against the resource-linked currencies, rising as...

Ahead of the European session on Monday, the New Zealand dollar slipped against other major currencies. The kiwi is trading at a 1-week low of 0.8339 against the greenback and a 1-month low of 1.6133 versus the euro, compared to Friday's close of 0.8379 and 1.6070, respectively. The NZ currency...

The pound edged lower against its major counterparts ahead of the European session on Monday. The sterling reached 1.5730 against the dollar around 2:35 am ET, its lowest level since August 2012. Against the euro, the pound slipped back to below the 0.8550 for the first time since December 2011. The...

The Indian rupee underperformed against the U.S. dollar in late morning deals on Monday. The rupee fell to a 1-week low of 53.925 against the greenback and the next support level for the rupee is seen at 54.3. The pair finished last week's deals at 53.8005.

Erasing early Asian session's side, the Japanese yen gained against other major currencies in late Asian deals on Monday. The yen is now trading at 94.64 against the aussie, 90.02 against the loonie, 75.94 against the kiwi, 97.85 against the franc and 143.13 against the pound, up from early lows of...

The European currency pulled back from early highs against most major currencies in late Asian deals on Monday. The euro is now trading at 1.3446 against the greenback, retreating from an early high of 1.3472. Against the franc and the yen, the euro eased from a 10-day high of 1.2509 and a multi-month...

The Singapore dollar edged down against the U.S. currency in Asia on Monday. The Singapore dollar is now trading at 1.2363 per greenback, declining 0.14 percent. This may be compared to last week's close of 1.2346. The next downside target level for the Singapore currency is seen at 1.24.

No comments:

Post a Comment