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The Canadian dollar advanced against most major counterparts in the European session on Monday, as oil prices climbed, with last week's landmark decision by the OPEC to cap oil production raising hopes for tightened oil markets. Crude for January delivery rose $0.46 to $52.14 per barrel. Investors...

The Japanese yen slipped against its major counterparts in the European session on Monday amid rising risk appetite, as positive economic reports out of Europe helped investors shrug off worries over the outcome of the Italian constitutional referendum. The euro area private sector expanded at the...

The pound was firmer against its most major rivals in the European session on Monday, amid rising risk appetite and as British service sector grew for a fourth straight month in November at its fastest pace in ten months amid rising employment. Survey data from IHS Markit and the Chartered Institute...

The euro climbed against its major counterparts in early European trading on Monday amid risk appetite, as European markets shrugged off political problems in Italy after the defeat of the nation's Prime Minister Matteo Renzi in a referendum on constitutional reform. Survey results from IHS Markit...

Following the release of Eurozone retail sales for October at 5:00 am ET Monday, the euro changed little against its major opponents. The euro was trading at 1.0635 against the greenback, 121.44 against the yen, 0.8368 against the pound and 1.0778 against the Swiss franc around 5:02 am ET.

At 5:00 am ET Monday, Eurostat is scheduled to issue retail sales for October. Eurozone sales are forecast to grow 1.7 percent annually following a 1.1 percent rise in September. Ahead of the report, the euro climbed against its major opponents. The euro was worth 1.0638 against the greenback,...

Following the release of U.K. Markit/CIPS services PMI data for November at 4:30 am ET Monday, the pound rose slightly against its major opponents. The pound was trading at 1.2724 against the greenback, 145.06 against the yen, 0.8364 against the euro and 1.2882 against the franc around 4:31 am ET.

At 4:30 am ET Monday, U.K. Markit/CIPS services PMI data is due. The index stood at 54.5 in October. The pound traded mixed against its major opponents before the data. While the pound rose against the yen and the greenback, it held steady against the franc. Against the euro, the pound fell. The...

After the release of Eurozone PMI data for November at 4:00 am ET Monday, the euro changed little against its major rivals. The euro was trading at 1.0636 against the greenback, 121.37 against the yen, 0.8365 against the pound and 1.0777 against the franc around 4:01 am ET.

At 3:45 am ET Monday, IHS Markit publishes Italy's services PMI for November. Thereafter, final PMI figures are due from France and Germany at 3:50 am ET and 3:55 am ET, respectively. At 4.00 am ET, IHS Markit releases Eurozone final PMI data. Ahead of these reports, the euro advanced against its...

Reversing direction, the Japanese yen declined against its major opponents in early European trading on Monday. The yen declined to 114.02 against the greenback, 112.66 against the franc, 81.02 against the kiwi and 85.65 against the loonie, from its early 5-day highs of 112.87, 110.94, 80.12 and 84.59,...

EUR-USD3-120316.jpg The dollar is losing ground against its major rivals Friday afternoon, following the release of the all important November employment report. The increase in employment and the drop in the unemployment rate has further cemented the opinion among traders that they can likely expect a rate hike by the...

The Canadian dollar strengthened against its most major counterparts in the European session on Friday, after data showed that the economy unexpectedly created jobs in November and jobless rate fell. Data from Statistics Canada showed that the employment rose by 10,700 jobs in November, defying expectations...

The U.S. dollar drifted lower against its most major counterparts in the European session on Friday, after data showed that the U.S. employment increased a little more than economists' expectation in the month of November. Report released by the Labor Department showed that non-farm payroll employment...

Following the release of Canada jobs data for November at 8:30 am ET Friday, the loonie recovered from early lows against its major counterparts. The loonie was trading at 1.4140 against the euro, 85.69 against the yen, 0.9866 against the aussie and 1.3264 against the greenback around 8:34 am ET.

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