The Indian rupee erased its early morning losses
against the dollar in late trading Tuesday as the latter lost ground
versus the euro in offshore deals despite some political concerns
surrounding the eurozone.
Recovery in domestic equities from a fourth straight session drop in the
morning after data...
The pound outperformed against most of its major
opponents in early deals Tuesday as the British service sector rebounded
in January after shrinking in the previous month.
The seasonally adjusted purchasing managers' index (PMI) for the service
sector came in at 51.5 in January, data from a survey...
Eurostat said in a report that the retail sales in
the euro area fell to 0.8 percent month-on-month in December, following a
downwardly revised 0.1 percent drop in November. Economists had
expected sales to fall 0.5 percent in the month.
The euro drifted lower against its major rivals following the...
Extending weakness, the Australian dollar dropped
against the New Zealand dollar in early European deals on Tuesday.
Presently, the aussie is trading at 1.2320 against the kiwi, down from
previous session's 4-day high of 1.2417. The aussie is likely to seek
next downside target level at 1.22. The...
Eurostat is set to issue eurozone's retail sales
figures at 5:00 am ET. Economists forecast sales to fall 0.5 percent
month-on-month in December, following a 0.1 percent rise in November.
The euro edged higher against its major rivals ahead of the report. As
of 4:55 am ET, the common currency was...
The European currency reversed its direction and
gained ground against the Australian dollar in European morning deals
on Tuesday.
The euro that fell to a multi-day low of 1.2910 against the aussie
earlier is now trading higher at 1.3010. The pair was worth 1.2950 at
Monday's close. If the euro rises...
The U.K. CIPS/Markit services PMI indicator rose to
51.5 in January from 48.9 in the previous month. The headline index was
expected to rise to 49.5 in January.
The pound continued to trade higher against its major rivals after the
report. As of 4:32 am ET, the British currency was trading at 146.93...
The U.K. CIPS/Markit services PMI is due out at 4:30
am ET. The indicator is forecast to rise to 49.5 in January from 48.9
in December.
The pound edged higher against its major rivals ahead of the report. As
of 4:25 am ET, the British currency was trading at 146.51 against the
yen, 0.8580 against...
The Japanese yen that trimmed its early gains
against other major currencies declined further in early European deals
on Tuesday.
The yen is now trading at 92.68 against the greenback, 102.02 against
the franc, 78.34 against the kiwi, 92.86 against the loonie and 96.60
against the aussie, off its...
After the release of final PMI reports from Italy,
France, Germany and Eurozone on Tuesday's European session, the euro
advanced against other major currencies.
The euro is now trading at 1.3534 against the greenback, 0.8590 against
the pound, 125.38 against the yen and 1.2296 against the franc.
At 3.45 am ET Tuesday, Italy's services PMI is due.
Thereafter, services PMI reports are due from France and Germany. At
4.00 am ET, Markit is slated to release Eurozone's final PMI data.
Ahead of these reports, the euro rebounded from early lows against other
major currencies.
At 3:40 am ET,...
The U.S. dollar pared its early strength against
European major currencies in the early European session on Tuesday.
The greenback is now trading at 0.9096 against the franc and 1.5754
against the pound, compared to early highs of 0.9117 and 1.5730,
respectively.
Against the euro, the greenback...
In the early European session on Tuesday, the euro
extended decline against most major currencies amid mounting political
uncertainty in Spain and Italy.
The euro fell to a 5-day low of 124.04 against the yen and a 3-week low
of 1.2259 against the franc, compared to Monday's close of 124.86
and...
Paring early gains, the euro weakened against the
New Zealand dollar ahead of the European session on Tuesday.
The euro fell to an 11-day low of 1.5978 against the kiwi and the next
downside target level for the euro-kiwi pair is seen at 1.59. The pair
closed yesterday's deals at 1.6032.
Amid the release of Switzerland's foreign trade data
for December at 2.00 am ET Tuesday, the franc changed little against
other major currencies
The franc is now trading at 0.9108 against the greenback, 101.39
against the yen, 1.4333 against the pound and 1.2267 against the euro.
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