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The British currency slipped further against other major currencies in the European session on Wednesday. The pound dropped to a 6-day low of 171.48 against the yen, from an early multi-week high of 172.77 hit in the early Asian session. The pound retreated to a 2-day low of 1.6780 against the...

The Japanese yen spiked up against other major currencies in European deals on Wednesday. The yen approached a 2-day high of 87.78 against the kiwi, new 3-week high of 94.83 against the aussie and a 6-day high of 171.52 against the pound, bouncing off from early multi-day low of 88.48, multi-week...

The pound slipped against other major currencies in early European deals on Wednesday after the release of Bank Of England's minutes of monetary policy meeting held in April. Policymakers of the Bank of England unanimously decided to maintain the key bank rate at a historic low of 0.50 percent and...

The euro gained ground against most major currencies in European deals on Wednesday, as business activity across the euro area accelerated at its fastest pace in almost three years in April. The survey data from Markit Economics showed that the composite output index rose unexpectedly to 54.0 in April...

The Bank of England released its minutes of monetary policy meeting held in April at 4:30 am ET Wednesday. Following the release, the Pound fell against the major currencies. As of 4:32 am ET, the British currency was trading at 0.8240 against the Euro, 1.6819 against the U.S dollar, 1.4830 against...

The Bank of England's minutes of April monetary policy meeting is due at 4:30 am ET Wednesday. The central bank retained interest rates at 0.50 percent and asset purchase program at GBP 375 billion at the meeting. Ahead of the release, the Pound showed mixed trade against the major currencies. While...

The pound slipped against the Swiss franc and the euro in European morning deals on Wednesday. The pound hit a 2-day low of 1.4836 against the franc and a 5-day low of 0.8231 against the euro, compared to yesterday's closing quotes of 1.4881 and 0.8202, respectively. On the downside, the pound may...

Eurozone PMI data has been released at 4:00 am ET Wednesday. The euro showed mixed trading against other major currencies after the data. While the euro changed little against the franc, it gained against the rest of major currencies. The euro was trading at 1.3831 against the greenback, 0.8224 against...

Eurozone PMI data is set for release at 4:00 am ET Wednesday. The euro showed mixed trading against other major currencies prior to the data. While the euro climbed against the pound, it held steady against the greenback, yen and the franc. The euro was quoted at 1.3822 against the greenback, 0.8222...

The yen strengthened against the Canadian dollar in the early European session on Wednesday. Against the loonie, the yen rose to a 6-day high of 92.85 around 3:20 am ET, from yesterday's closing quote of 93.07. If the yen extends its uptrend, 91.52 is seen as the next resistance level.

Following the release of German PMI data at 3:30 am ET Wednesday, the euro edged up against other major currencies. The euro was trading at 1.3816 against the greenback, 0.8220 against the pound, 1.2218 against the franc and 141.65 against the yen around 3:32 am ET.

At 3:30 am ET Wednesday, German PMI for April is due. Before the data, the euro eased from early highs against other major currencies. At 3:25 am ET, the euro was worth 1.3803 against the greenback, 0.8215 against the pound, 1.2217 against the franc and 141.50 against the yen.

The euro retraced its early gains against other major currencies in early European deals on Wednesday, as French PMI increased less-than-expected in April. Data from HSBC and Markit Services showed that French flash manufacturing PMI was 50.9 in April. This is down from forecasts for 51.9 and also...

The euro firmed against other major currencies ahead of European deals on Wednesday. The euro climbed to a 2-day high of 0.8221 against the pound and a 6-day high of 1.3836 against the greenback. The single currency advanced to 141.99 against yen, strongest since April 4, and new 2-week high of...

The yuan slipped against the U.S dollar in the late Asian session on Wednesday as the nation's manufacturing activity contracted in April. The latest survey from HSBC and Markit Economics revealed today that China's manufacturing activity came in at 48.3 in April. That was in line with forecasts...