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The euro strengthened against its major rivals in late Asian deals on Wednesday. The euro rose to 0.7496 against the pound and 1.0292 against the franc, from early lows of 0.7471 and 1.0202, respectively. The single currency climbed back to 1.1381 against the greenback, off previous low of 1.1329. The...

The Canadian dollar weakened against most major currencies in the late Asian session on Wednesday. The loonie fell to a 6-day low of 0.9961 against the Australian dollar, from an early 2-day high of 0.9799. At yesterday's close, the loonie was trading at 0.9831 against the aussie. Against the...

The euro advanced against the Canadian dollar in late Asian deals on Wednesday. The euro that ended Tuesday's trading at 1.4109 against the loonie ticked up to 1.4125. The next possible resistance for the euro-loonie pair is seen around the 1.424 mark.

The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Wednesday. Against the greenback, the ringgit fell to nearly a 6-year low of 3.6283 from yesterday's closing quote of 3.6005. If the ringgit extends its downtrend, it is likely to find support around the 3.67 area....

The Singapore dollar weakened against the U.S. dollar in the Asian session on Wednesday after Singapore's central bank unexpectedly eased its monetary policy and downgraded its inflation forecast, citing lower oil prices. At an unscheduled meeting, the Monetary Authority of Singapore (MAS) said it...

The Australian dollar strengthened against the other major currencies in the Asian session on Wednesday after the nation's core inflation rose more-than-expected for the fourth quarter, dashing expectations for a near-term rate cut. The Reserve Bank of Australia's trimmed mean was up 0.7 percent...

The Australian dollar strengthened against the other major currencies in the Asian session on Wednesday. The Australian dollar rose to a 6-day high of 1.0745 against the NZ dollar, from an early 2-day low of 1.0614. At yesterday's close, the aussie was trading at 1.0642 against the kiwi. Against...

eurusd-012715.jpg The dollar has extended its losses against its major European competitors on Tuesday, but has begun to stabilize after consumer confidence climbed to a 7-year high. The currency lost ground this morning, following the unexpected drop in durable goods orders. New orders for U.S. manufactured durable...

The Swedish krona strengthened against the U.S. dollar in the early European session on Tuesday. Meanwhile, data from Statistics Sweden showed that Sweden's trade balance posted surplus of SEK 0.4 billion in December, compared to a shortfall of SEK 0.1 billion in November. In December 2013, the deficit...

The Swiss franc extended its fall against the other major currencies in the early European session on Tuesday. The Swiss franc fell to nearly 2-week lows of 1.0380 against the euro and 1.3846 against the pound, from early highs of 1.0117 and 1.3579, respectively. Against the U.S. dollar and the...

The euro strengthened against the other major currencies in the early European session on Tuesday. The euro rose to 4-day highs of 0.7510 against the pound, 1.1344 against the U.S. dollar and 133.96 against the yen, from early lows of 0.7434, 1.1222 and 132.49, respectively. Against the Swiss...

U.K Office for National Statistics released its preliminary fourth quarter GDP data at 4:30 am ET Tuesday. After the data, the Pound fell against its major rivals. As of 4:34 am ET, the Pound was trading at 0.7509 against the Euro, 1.3676 against the Swiss franc, 1.5060 against the U.S. dollar...

U.K Office for National Statistics will release its preliminary fourth quarter GDP data at 4:30 am ET Tuesday.The economy is forecast to expand 0.6 percent sequentially, slower than the 0.7 percent rise in the previous quarter. Annually, GDP is expected to grow 2.8 percent after the 2.6 percent increase...

The British pound strengthened against the other major currencies in the Asian session on Tuesday, as traders eye fourth quarter U.K. GDP data due shortly. Comments from Bank of England policymaker Kristin Forbes on Monday that the robust growth in the U.S. and cheaper oil could benefit consumption...

The Canadian dollar weakened against the other major currencies in the Asian session on Tuesday amid lackluster risk sentiment engendered by lower oil prices, worries concerning domestic growth and the prospects of further rate reductions in the wake of slowing growth. TD Bank reportedly lowered its...

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