Canada is set to release its gross domestic product
figures for November at 8:30 am ET. Canada's industrial product price
and raw materials price indexes for December are also due out around the
same time.
Canada's GDP is expected to have advanced 1.4 percent on year and 0.2
percent on month in November...
The Labor Department is scheduled to release its
jobless claims report for the week ended January 26th at 8:30 am ET.
Economists expect claims to increase to 350,000 from 330,000 in the
previous week.
Around the same time, the Labor Department will also release its
employment cost index for the fourth...
The European currency showed mixed trading against
its major rivals following the release of Germany's preliminary
inflation figures for January at 8:00 am ET.
While the common currency edged lower against the pound, it held steady
against the rest of majors. As of 8:04 am ET, the euro was trading...
The Indian rupee resumed yesterday's rally against
its US counterpart on Thursday, although the weakening trend in domestic
equities eroded some of its gains later at noon.
Indian shares fell on Thursday, mirroring weak global cues owing to
weaker than expected GDP figures from the United States and...
The pound that advanced against its major rivals
following the release of Nationwide's upbeat data on the U.K. housing
market erased some of its gains shortly in the session.
The sterling was trading at 143.74 against the yen and 1.5789 against
the dollar around 6:00 am ET, down from previous highs...
The Australian dollar has given back its previous
losses against most major currencies in the early European session on
Thursday.
The aussie is now trading at 94.83 against the yen, 1.0452 against the
loonie, 1.0425 against the greenback and 1.3018 against the euro, off
its early 2-day low of 94.30,...
The Australian dollar erased some of its early Asian
session losses against the euro in early European deals on Thursday.
The aussie was trading at 1.3006 against the euro around 4:30 am ET, up
from Asian session's fresh 13-month low of 1.3080. If the aussie extends
advance, 1.2950 is seen as the...
Amid the release of German unemployment figures for
January at 3.55 am ET Thursday, the euro rose against other major
currencies.
The euro is now trading at 1.3562 against the greenback, 0.8578 against
the pound, 123.31 against the yen and 1.2344 against the franc.
At 3.55 am ET Thursday, the Federal Labor Agency is
set to issue German unemployment figures for January. The number of
unemployed is forecast to increase 8,000 compared to 3,000 in the prior
month.
Ahead of the data, the euro showed mixed trading against other major
currencies. While the euro held...
The Australian dollar extended its early weakness
against the NZ dollar in the European morning session on Thursday.
The aussie fell to 1.2431 against the kiwi, its lowest level since
October 8. If the aussie extends decline, it may break 1.24 level. The
pair closed Wednesday's trading at 1.2467.
The pound edged higher against its major rivals on
Thursday after a report showed that the conditions in the U.K. housing
market improved in the month of January.
House prices in the UK increased 0.5 percent month-on-month in January, a
report from the Nationwide Building Society showed. The rate...
Ahead of the European session on Thursday, the pound advanced against other major currencies.
The pound climbed to a 1-week high of 1.5837 against the greenback with 1.59 seen as the next upside target level.
The pound bounced back from an early low of 1.4371 against the franc and is presently...
The Nationwide data showed that the house prices in
the U.K. advanced 0.5 percent in January and was flat on a year-on-year
basis. Analysts had expected the headline index to drop 0.3 percent on
year, while the monthly index was expected to increase 0.2 percent.
The pound edged higher against most...
Following the release of German retail sales for
December at 2:00 am ET Thursday, the euro dropped against other major
currencies.
The euro is now trading at 1.3549 against the greenback, 0.8575 against
the pound, 1.2344 against the franc and 123.05 against the yen.
The U.K. Nationwide house price index for January is
slated for release at 2:00 am ET. House prices for January are expected
to drop 0.3 percent on year, while the seasonally adjusted house price
index is seen rising 0.2 percent on month.
The pound showed mixed trading against its major rivals ahead...
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