Friday, 1 February 2013

RTTNews Currency Alerts (February 1, 2013).: Indian Rupee Off 2-day Low Against U.S. Dollar .

RTT News: Global Financial Newswires



Currency Alerts


The Indian rupee trimmed its previous losses against the U.S. dollar in later deals on Friday. The rupee is now trading at 53.195 against the greenback, reversing from an early 2-day low of 53.405. The pair closed Thursday's deals at 53.2205.

The Swiss franc continued its upward trading against the U.S. dollar in early European deals on Friday. The franc added 0.64 percent against the greenback to reach 0.9044, its highest level since April 3, 2012. The franc is likely to find next upside level around 0.89 level. The pair ended yesterday's deals at 0.9102.




The U.K. currency slipped against other major currencies on Friday after a report showed that country's manufacturing activity expanded at a slower than expected pace in January. The Markit/Chartered Institute of Purchasing & Supply Purchasing Managers' Index came in at 50.8 in January, down from...

In the early European session on Friday, the euro firmed against most major currencies as PMI reports from Eurozone, Germany and Italy showed improved manufacturing activity in the region. Eurozone manufacturing activity contracted less than initially estimated in January, final data from Markit Economics...

At 4:30 am ET Friday, U.K. CIPS/Markit manufacturing PMI was released. After the data, the pound dropped against its major opponents. The pound is now trading at 1.5854 against the greenback, 146.09 against the yen, 0.86020 against the euro and 1.4371 against the franc.

At 4:30 am ET Friday, U.K. CIPS/Markit manufacturing PMI is due. The index is expected to fall to 51 in January from 51.4 in December Ahead of the data, the pound held steady against the yen and the dollar, but fell against the euro and the franc. As of 4:25 am ET, the pound was quoted at 1.5865...

The Swiss franc strengthened against other major currencies in the early European session on Friday. The franc advanced to a multi-month of 101.79 against the yen, compared to Thursday's close of 100.81. Against the dollar, the franc approached a 9-month high of 0.9062 with 0.90 seen as the next...

Following the release of Eurozone final manufacturing PMI report for January at 4:00 am ET Friday, the euro changed little against the franc but rose against the rest of major currencies. The euro is now trading at 1.3652 against the greenback, 125.99 against the yen, 0.8609 against the pound and...

The Australian dollar continued its previous session's downward trading against other major currencies in the early European session on Friday. The aussie hit more than a 4-week low of 1.0376 against the greenback and a fresh 3-week low of 1.0351 against the loonie. Against the NZ dollar, the aussie...

At 3:45 am ET Friday, Italy will release manufacturing PMI for January. Thereafter, final manufacturing PMI reports are due from France, Germany and Eurozone. Ahead of these reports, the euro showed mixed trading against other major currencies. While the euro stabilised against the franc, it rose...

Amid the release of Switzerland's SVME PMI for January at 3.30 am ET Friday, the franc rose slightly against other major currencies. The franc is now trading at 0.9098 against the greenback, 1.4423 against the pound, 101.24 against the yen and 1.2391 against the euro.

Switzerland's SVME PMI is due at 3.30 am ET Friday. The index is seen at 50.5 in January, up from 49.5 in December. Ahead of the data, the franc showed mixed trading against other major currencies. While the franc held steady against the euro and the greenback, it advanced against the yen and the...

The pound edged down against the European single currency in the European morning session on Friday. The pound is now trading at 0.8595 against the euro, compared to Thursday's close of 0.8565. The next downside target level for the pound is seen at 0.865.

Ahead of the European session on Friday, the pound gained ground against the U.S. dollar. The pound spiked higher to a 9-day high of 1.5881 against dollar with 1.592 likely seen as the next upside target level. At yesterday's close, the pair was worth 1.5859.

The Indian rupee that fell against the U.S. dollar in early trading on Friday held steady thereafter. The rupee fell to a 2-day low of 53.405 against the greenback, compared to Thursday's close of 53.2205. The rupee may face next support level at 54.00. The pair is currently worth 53.335. The Indian...

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