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The Australian dollar retreated from early highs against some of the major currencies ahead of European deals on Wednesday. The aussie edged down to 0.7616 against the greenback, 1.4145 against the euro and 0.9647 against the loonie, from early highs of 0.7662, 1.4057 and 0.9702, respectively. The...

The U.S. dollar weakened against most other major currencies in the Asian session on Wednesday, as traders bet that the Federal Reserve is likely to raise interest rates slowly. Federal Reserve Chair Janet Yellen said last Friday an interest rate hike may well be warranted later this year but stressed...

The Japanese yen retreated from early highs against the other major currencies in the late Asian session on Wednesday. The yen fell to an 8-day low of 178.42 against the pound and a 2-day low of 94.87 against the Canadian dollar, from early highs of 177.42 and 94.31, respectively. Pulling away...

The Australian dollar strengthened against the other major currencies in the Asian session on Wednesday, following the release of strong building approvals and Chinese manufacturing PMI data. Data from the Australian Bureau of Statistics showed that the total number of building approvals issued...

The Japanese yen strengthened against the other major currencies in the Asian session on Wednesday amid rising risk aversion, tracking the weak cues overnight from Wall Street and lower commodity prices. Weaker-than-expected quarterly Tankan survey and the strengthening of the yen weighed on Japanese...

Enbridge Income Fund or the Fund and Enbridge Income Fund Holdings Inc. (ENF.TO) or the Company today announced receipt of a formal proposal from Enbridge Inc. for the transfer to the Fund of Enbridge's Canadian liquids pipelines business owned by Enbridge Pipelines Inc. and Enbridge Pipelines (Athabasca)...

Canadian stocks ended a tad lower on Tuesday, tracking declining global equity stocks driven by mining, energy and gold sectors as commodity prices continued to slide. Markets in Europe ended in negative territory Tuesday, after yesterday's solid advance. The debt crisis in Greece is still in a limbo,...

The Canadian stock market has climbed back into positive territory Tuesday morning, after bouncing back from early weakness. The index snapped a 3-sesison losing streak on Monday. The mining sector is leading the decliners, but the gold sector is modestly higher as gold prices increase. Global markets...

The Canadian dollar trimmed its early decline against its major opponents in European deals on Tuesday, as the Canadian economy contracted less-than-expected in January. Data from Statistics Canada showed that Canada's gross domestic product edged down 0.1 percent on month in January, after increasing...

Following the release of Canada gross domestic product data for January at 8:30 am ET Tuesday, the loonie recovered from early lows against its major rivals. The loonie was trading at 1.2743 against the greenback, 94.06 against the yen, 1.3725 against the euro and 0.9696 against the aussie around 8:32 am ET.

Canada gross domestic product for January is due at 8:30 am ET Tuesday. Before the data, the loonie fell against its major rivals. The loonie was worth 1.2767 against the greenback, 93.87 against the yen, 1.3750 against the euro and 0.9710 against the aussie as of 8:25 am ET.

The Japanese yen extended early rally against the Canadian dollar in European deals on Tuesday. The yen advanced to 94.01 against the loonie, its strongest since February 5. The next possible resistance for the yen may be found around the 93.00 mark. The pair finished yesterday's trading at 94.69.

EURUSD1-033115.jpg The euro continued its slide against the other major currencies in European deals on Tuesday, after Eurozone inflation fell for the fourth month in a row in March, whereas jobless rate worsened more-than-forecast in February. Market participants are also worried about Greece debt talks, as the country...

The Japanese yen strengthened against the other major currencies in the early European session on Tuesday. The yen rose to a 1-1/2-month high of 91.32 against the Australian dollar, a 5-week high of 94.27 against the Canadian dollar and a 4-day high of 123.32, from early lows of 92.06, 94.82 and...

The U.S. dollar strengthened against the other major currencies in the Asian session on Tuesday, as traders expect the Federal Reserve to be the first major central bank to embark on the path of monetary policy normalization. That said, Federal Reserve Chair Janet Yellen said last Friday an interest...

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