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The U.S. dollar traded higher against its major counterparts in early European deals on Monday, as investors believe that its recent sell-off was overdone. Speculation for monetary policy tightening outside the U.S., which would narrow the divergence between the Federal Reserve and other central...

The Japanese yen slipped against its major counterparts in the Asian session on Monday amid rising risk appetite, as most Asian shares rose amid continued optimism about global growth. Oil extended gains to hit its highest level in nearly two weeks on rising geopolitical tensions after Prime Minister...

EUR-USD4-021618.jpg The dollar is gaining ground against all of its major rivals Friday afternoon. Encouraging housing starts, building permits and import prices reports underscored expectations that the Federal Reserve will hike interest rates in March. Import prices in the U.S. jumped by more than expected in the month...

The U.S. dollar strengthened against its major counterparts in the European session on Friday, as encouraging U.S. reports on housing starts, building permits and import prices for January underscored expectations that the Federal Reserve will hike interest rates in March. Data from the Commerce Department...

Following the release of U.S. housing starts, building permits and import price index for January at 8:30 am ET Friday, the greenback changed little against its major rivals. The greenback was trading at 106.23 against the yen, 0.9242 against the franc, 1.2458 against the euro and 1.4030 against the...

At 8:30 am ET Friday, U.S. housing starts, building permits and import price index for January are due. Ahead of these data, the greenback climbed against its major rivals. The greenback was worth 106.20 against the yen, 0.9240 against the franc, 1.2467 against the euro and 1.4038 against the pound as of 8:25 am ET.

The pound weakened against its most major counterparts in the European session on Friday, as UK retail sales grew less than expected in January. Figures from the Office for National Statistics showed that retail sales rose 0.1 percent month-on-month in January, reversing a 1.4 percent drop in December....

The Indian rupee weakened against the U.S. dollar in evening deals on Friday, as Indian shares fell led by drop in financial stocks on worries over the Rs 11,300-crore fraud case at Punjab National Bank and weak trade data stirred concerns about the economic outlook. The benchmark BSE Sensex fell...

The Canadian dollar climbed against its major counterparts in the early European session on Friday, as European stocks extended rally on solid earnings and oil prices advanced amid weakness in dollar. Investors shrugged off the possibility of higher inflation and more interest rate hikes from the...

Following the release of U.K. retail sales data for January at 4.30 am ET Friday, the pound recovered from early lows against its major rivals. The pound was trading at 1.4116 against the greenback, 149.56 against the yen, 1.2977 against the franc and 0.8878 against the euro around 4:32 am ET.

At 4.30 am ET Friday, the Office for National Statistics is scheduled to issue UK retail sales data for January. Sales are forecast to grow 0.5 percent on month in January, reversing a 1.5 percent fall in December. Ahead of the data, the pound traded mixed against its major rivals. While the pound...

The Japanese yen firmed against its major opponents in the Asian session on Friday, as investors cheered Haruhiko Kuroda's nomination for another term as Bank of Japan Governor. The Japanese government submitted the proposal to a parliamentary committee today. The government also sent nominations...

Destatis issued Germany's wholesale price data for January in the Pre-European session on Friday at 2:00 am ET. Following the data, the euro rose against its major rivals. The euro was trading at 0.8874 against the pound, 1.1535 against the franc, 1.2543 against the U.S. dollar and 132.72 against...

At 2:00 am ET Friday, German statistical office Destatis is expected to release its wholesale prices report for January. Wholesale prices rose by 1.8 percent year-on-year in December. Ahead of the data, the euro fell against its major rivals. As of 1:55 am ET, the euro was trading at 0.8872 against...

Eur-usd4-021518.jpg The dollar is losing ground against its major rivals Thursday afternoon. A large number of U.S. economic reports hit the wires this morning, the results of which proved mixed. First-time claims for U.S. unemployment benefits rose in line with economist estimates in the week ended February 10th, according...

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