Currency Alerts
The Indian rupee declined against the U.S. dollar in later deals on Wednesday. The rupee is worth 53.17 against the greenback, declining from early multi-month high of 52.895. The greenback-rupee pair closed yesterday's deals at 53.13. If the rupee extends slide, it may break 54.00 level.
The Australian dollar continued its weakness against the Japanese yen in Europe on Wednesday. The aussie hit 96.47 against the yen, down from Tuesday's close of 97.31. The aussie-yen pair may seek support level around 95.00.
The U.K. currency rose against most major currencies in the early European session on Wednesday amid comments from country's Business Secretary Vince Cable that lending to small business requires more attention, including the provisions under funding-for-lending scheme. While speaking in London, Cable...
Amid the release of German factory orders for December at 6.00 am ET Wednesday, the euro changed little against other major currencies. The euro is now trading at 1.3544 against the greenback, 126.88 against the yen, 0.8641 against the pound and 1.2359 against the franc.
At 6.00 am ET Wednesday, the Federal Ministry of Economics and Technology is slated to issue German factory orders for December. Economists forecast orders to rise 0.7 percent month-on-month, reversing a 1.8 percent fall in November Ahead of the data, the euro showed mixed trading against other major...
The New Zealand dollar continued its decline against the U.S. dollar in early European deals on Wednesday. The kiwi fell to a 5-day low of 0.8394 against the greenback and the next downside target level for the kiwi-greenback pair is seen at 0.835. The pair closed Tuesday's deals at 0.8458.
Extending weakness, the Australian dollar fell against the Canadian dollar in the European morning session on Wednesday. The aussie is trading at 1.0267 against the loonie for the first time since October 26. This is down 0.79 percent from Tuesday's close of 1.0349. The aussie-loonie pair may seek...
The Australian dollar extended its Asian session sell-offs against its Canadian counterpart in early European deals Wednesday, falling back to below the key 1.03 mark after a gap of more than a month. The aussie-loonie pair has crossed the 61.8 percent retracement target and the extension of bear-run...
Ahead of European trading on Wednesday, the euro drifted lower against the Canadian currency. The euro-loonie pair is worth 1.3488 with 1.34 seen as the next downside target level. The pair finished yesterday's deals at 1.3527.
The Swiss franc declined sharply against its major counterparts by about 2:35 am ET Wednesday. The franc fell to as low as 102.62 against the yen after hitting a 1-1/2-year high of 103.70 in early deals. The franc hit a 2-day low of 1.2366 against the euro and a 1-week low of 0.9138 against the...
The U.S. dollar rose against European major currencies ahead of European deals on Wednesday. The greenback is now trading at 0.9109 against the franc, recovering from an early 5-day low of 0.9059. Against the euro and the pound, the greenback gained to 1.3555 and 1.5642 from yesterday's close of...
The New Zealand dollar edged down against the U.S. dollar ahead of the European session on Wednesday. The kiwi-greenback pair is now trading at 0.8433, compared to Tuesday's close of 0.8458. The next downside target level for the kiwi is seen at 0.84.
The Japanese yen resumed its recent sessions' descending trend across the board on Wednesday in Asia, as the news that the Bank of Japan governor Masaaki Shirakawa would step down earlier than expected increased chances for further monetary easing by the Bank of Japan. Shirakawa's retirement three...
The Australian dollar edged lower against its major rivals in early Asian deals Wednesday as the nation's weaker-than-expected retail sales figures for December signaling that the Reserve Bank of Australia might ease its policies in March to sustain the economic growth and the inflation target.
The Japanese yen fell across the board in early Asian deals Wednesday, extending its overnight drop following the news that the Bank of Japan governor Masaaki Shirakawa would retire three weeks earlier than expected. Shirakawa's retirement three weeks earlier than planned boosted scope of further...
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