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The Swiss franc extended its weakness against the Japanese yen in early New York deals on Monday. The franc hit an 11-day low of 131.76 against the yen, down from an early high of 134.72. The franc is likely to target support around the 115.00 zone. The pair was quoted at 133.30 at Friday's close.

The euro continued to trade firm against its major counterparts in Europe on Monday. The euro climbed to 1.1276 against the greenback, 133.54 against the yen and 0.7504 against the pound, off early 11-1/2-year low of 1.1096, near 17-month low of 130.13 and a 7-year low of 0.7403, respectively. The...

The Swiss franc extended its decline against its major rivals on Monday's European deals, as a data showed that sight deposits of domestic banks with the Swiss National Bank improved from last week, suggesting the possibility of an intervention to prevent the currency's appreciation. Data from the...

The Canadian dollar declined against its most major rivals in European deals on Monday, as oil prices plunged following the victory of anti-austerity Syriza party in the general election in Greece, raising concerns about Greek debt default and a possible exit from the Eurozone. Oil for March delivery...

At 4:30 am ET Monday, the British Bankers' Association will release its mortgage approvals report for December. Mortgage approvals are forecast to edge down 36,500 in December from 36,717 in November. Ahead of the data, the Pound showed mixed trading against its major rivals. While the Pound rose...

German Ifo business climate index for January has been released at 4 am ET Monday. The euro changed little against its major rivals following the data. The euro was trading at 1.1225 against the greenback, 0.9958 against the franc, 0.7482 against the pound and 132.86 against the yen around 4:03 am ET.

At 4 am ET Monday, the Ifo Institue is scheduled to release the business climate index for Germany. The headline index is forecast to increase to 106.4 in January from 105.5 in December. The current conditions index is estimated to rise to 110.8 from 109.8 and the expectations index is forecast to climb...

The Canadian dollar drifted lower against its most major currencies in early European deals on Monday. The loonie hit 1.2463 against the greenback, its lowest since March 2009. The loonie fell to 1.3994 against the euro and 0.9852 against the aussie, from an early high of 1.3825 and a multi-day...

The Swiss franc declined further against most major currencies in early European deals on Monday. The franc reversed from an early high of 0.9782 against the euro and dropped to 4-day low of 0.9921. The franc hit a 6-day low of 0.8832 against the dollar and a 5-day low of 1.3273 against the pound,...

The British pound strengthened against most major currencies ahead of European deals on Monday. Against the Swiss franc, the pound rose to a 5-day high of 1.3230 from an early low of 1.3177. The pound edged up to 1.5026 against the U.S. dollar, from an early low of 1.4989. If the pound extends...

The Japanese yen trimmed its early strength against its major rivals ahead of European deals on Monday. The yen was trading at 118.10 against the greenback, 132.59 against the euro and 134.18 against the franc, off early 4-day high of 117.25, 1-1/2-year high of 130.13 and a 10-day high of 132.87,...

The euro recovered from its early lows against the other major currencies in the Asian session on Monday. Having fallen to a 7-year low of 0.7403 against the pound and nearly a 1-1/2-year low of 130.13 against the yen, the euro rebounded to 0.7467 and 132.36, respectively. Against the U.S. dollar,...

The Swiss franc fell against most major currencies in late Asian deals on Monday. The franc declined to a 5-day low of 1.3231 against the pound, compared to last week's closing quote of 1.3177. The franc edged down to 0.9870 against the euro from an early high of 0.9782. The franc fell back...

The Australia and New Zealand dollars fell against their major currencies in the Asian session on Monday as traders speculate that the sliding commodity prices and weak global demand may prompt the Reserve Banks of Australia and New Zealand to reduce their interest rates in near future. The Reserve...

The Chinese yuan traded lower against the U.S. dollar in late Asian deals on Monday. The yuan fell to 6.2572 against the greenback, its lowest since June, 2014. The next possible downside target for the yuan is seen around the 6.3 zone. The pair was worth 6.2283 at Friday's close. The People's...

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