Tuesday, 27 August 2013

RTTNews Currency Alerts.


 
The results of the S&P/Case-Shiller house price survey showed that the 20-city composite house price index increased by a seasonally adjusted 0.89 percent month-over-month and 12.1 percent year-on-year in June, slightly weaker-than economists' predictions. The US dollar ticked lower after the report....


The results of the S&P/Case-Shiller house price survey for June are scheduled to be released at 9:00 am ET. Economists expect the 20-city composite house price index for the month to increase by a seasonally adjusted 1 percent month-over-month. Annually, the index is expected to increase by an unadjusted...


The euro lost ground against most of its major rivals in early deals on Tuesday as a surprise improvement in Germany's business confidence was overshadowed by geopolitical tensions in the Middle-East. German business confidence improved more-than-expected to 107.5 in August, reports said Tuesday citing...


The Japanese yen continued its early rally against other major currencies in the European session on Tuesday. The yen touched near a 3-week high of 92.79 against the loonie, 5-day high of 105.95 against the franc, 12-day high of 151.54 against the pound, 6-day highs of 97.66 against the greenback...


The New Zealand dollar continued its downtrend against the U.S. dollar in the European session on Tuesday. The kiwi touched a 4-day low of 0.7767 against the greenback, compared to Monday's close of 0.7854. If the kiwi extends its slide, it may find support around the 0.765 level.


The European currency declined further against other major currencies in early European deals on Tuesday. The euro reached a 1-week low of 1.2288 against the franc and a 5-day low of 130.44 against the yen. The euro declined to a 5-day low of 1.3324 against the greenback, reversing from an early...


After a brief pause on yen appreciation at the beginning of Tuesday's European deals, the yen resumed its uptrend against its major counterparts as the session rolled on. The yen climbed to a 12-day high of 151.72 against the pound around 4:15 am ET, and 76.0 against the New Zealand dollar, a level...


The euro drifted weaker against its major counterparts despite Germany's IFO business index came in better-than-expected in the month of August. As of 4:05 am ET, the euro was trading at 1.3360 against the US dollar, 0.86 against the pound, 130.69 against the yen and 1.2290 against the Swiss franc.


Extending weakness, the Indian rupee tumbled against the U.S. dollar in afternoon deals on Tuesday, as investor concerns intensified after Lok Sabha cleared Food Security Bill for providing food grains to poor at subsidized rates. The Bill, which was passed yesterday, would cost more than 1 trillion...


The pound continued its weakness against its major rivals ahead of European deals on Tuesday. The pound slipped to a 5-day low of 152.64 against the yen, 4-day low of 1.5546 against the greenback and a 2-week low of 1.4326 against the franc. The pound fell back against the euro with pair trading...


The euro fell against its key counterparts ahead of European deals on Tuesday. The euro declined to a 6-day low of 1.2311 against the franc, 4-day low of 1.3356 against the greenback and a 5-day low of 131.07 against the yen. The euro reached as low as 0.8581 against the pound, after climbing to...


The Australian dollar slipped further against its major rivals in late Asian deals on Tuesday. The aussie reached 5-day lows of 0.8950 against the greenback, 0.9422 against the loonie, 87.84 against the yen and 1.1463 against the kiwi. The aussie fell to 1.4937 against the euro for the first time...


The Malaysian Ringgit drifted lower against the U.S. dollar in Asian deals on Tuesday. The ringgit touched 3.3310 against the greenback, a level not seen since June 2010. The ringgit may likely target support at 3.34 area. The pair finished Monday's deals at 3.3050.


The Chinese yuan traded lower against the U.S. dollar in Asian deals on Tuesday. The yuan slipped to a 4-day low of 6.1237 against the greenback, reversing from Monday's weekly high of 6.1189. The yuan may face support around 6.13 level. The People Bank of China set today's central parity rate...


The Japanese yen advanced against other major currencies in the Asian session on Tuesday, as traders purchased safe-haven assets after the U.S. Secretary of State John Kerry warned that the Syrian government is responsible for using chemical weapons against civilians. The Syrian government's use of...

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