Wednesday, 9 January 2013

RTTNews | Currency Alerts (January 9, 2013).

The euro slipped back to below the 1.29 against the Canadian dollar after a gap of a couple of session on Wednesday in early deals, falling to a 2-day low of 1.2896 around 6:30 am ET. The euro-loonie pair is approaching the trend-line support near 1.2860 in the daily chart and a break below that could...

The pound retained its late Asian session's bullish trend in early European deals Wednesday after a report showed that the U.K. trade deficit narrowed in the month of November. The U.K. visible trade deficit narrowed to GBP 9.2 billion in November from GBP 9.5 billion in October, the Office for National...

The New Zealand dollar that advanced to a fresh multi-year high of 73.62 against the yen at the beginning of Wednesday's European session erased some of its gains shortly. The kiwi depreciated by more than 0.4 percent to reach as low as 73.29 around 5:00 am ET. On the downside, the kiwi-yen pair may...

In the early European session on Wednesday, the pound strengthened against the Swiss franc and the euro after a report showed that U.K. visible trade deficit narrowed in November. The U.K. visible trade deficit narrowed to GBP 9.2 billion in November from GBP 9.5 billion in October, the Office for...

Following the release of U.K. trade figures for November at 4.30 am ET Wednesday, the pound changed little against other major currencies. The pound is now trading at 1.6072 against the greenback, 140.74 against the yen, 0.8141 against the euro and 1.4858 against the franc.

U.K. trade figures are due at 4.30 am ET Wednesday. The visible trade deficit is seen at GBP 9 billion in November compared to GBP 9.54 billion shortfall in October. Ahead of the data, the pound was up against other major currencies. At 4:25 am ET, the pound was worth 1.6074 against the greenback,...

Erasing early gains, the yen slipped against other major currencies in European morning deals on Wednesday. The yen is trading at 92.19 against the aussie, 87.69 against the greenback, 140.81 against the pound, 94.90 against the franc and 114.72 against the euro, compared to an early high of 91.24,...

The Malaysian Ringgit outperformed against the U.S. dollar on Wednesday's Asian deals after a report showed that country's merchandise exports increased more than economists expected in November. Data released by the Department of Statistics showed that the value of exports increased 3.3 percent on...

The Indian rupee firmed against the U.S. dollar in morning deals on Wednesday as regional stocks gained, tracking firm Asian cues after the U.S. earnings season kicked in, with Alco's fourth-quarter sales beating analysts' estimates. The rupee that finished Tuesday's trading at 55.005 per greenback...

Singapore Dollar Hits 2-day High Against U.S. Dollar
In the Asian session on Wednesday, the Singapore dollar climbed against the U.S. dollar. The Singapore dollar hit a 2-day high of 1.2271 against the greenback, rising 0.18 percent. This may be compared to Tuesday's close of 1.2293. The Singapore currency may find next resistance level at 1.22.
The Chinese currency spiked up against the U.S. dollar in the Asian session on Wednesday. The yuan that closed yesterday's deals at 6.2251 against the greenback advanced to 6.2231, its strongest level since December 28. The next upside target level for the yuan is seen at 6.22. The People's Bank...

The New Zealand dollar rallied against other major currencies in the Asian session on Wednesday following a report showing that country's new dwelling permits surged to its highest level in 31 months in November. The latest figures from Statistics New Zealand showed that building consents for new...

The Japanese yen retraced early gains against other major currencies in Asian morning deals on Wednesday. The yen is trading at 140.41 against the pound, 94.64 against the franc, 87.43 against the greenback, 114.33 against the euro and 88.57 against the loonie, reversing from early multi-day highs...

During early Asian deals on Wednesday, the New Zealand dollar firmed against other major currencies. The kiwi hit a 3-week high of 0.8400 against the greenback and a 1-week high of 1.2512 against the aussie and the next resistance level for the kiwi is seen at 0.845 and 1.247, respectively. Against...

In early Asian deals on Wednesday, the Australian dollar slipped against most major currencies after the release of disappointing retail sales, which declined a seasonally adjusted 0.1 percent month-on-month in November. Sales totaled a seasonally adjusted A$21.533 billion. The small decline in...

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