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The Canadian dollar weakened against most major currencies in the late Asian session on Wednesday, as oil prices declined following a data showing larger-than-expected rise in U.S. crude inventories last week. Crude oil for March delivery is currently down $0.65 to $45.58 a barrel. The data from...

The pound advanced against the yen and the franc ahead of European deals on Wednesday. The pound edged up to 179.36 against the yen and 1.3786 against the franc, compared to yesterday's closing values of 179.08 and 1.3712, respectively. The pound may test resistance around 180.6 against the yen and...

German import price index for December and GfK consumer confidence survey for February were released at 2:00 am ET Wednesday. After these reports, the euro traded mixed against its major rivals. While the euro ticked up against the franc and the yen, it little changed against the dollar and the pound. The...

At 2:00 am ET Wednesday, Global financial services firm UBS released its December consumption indicator figures for Switzerland. After the data, the Swiss franc changed little against its major rivals. As of 2:01 am ET, the Swiss franc was trading at 1.0284 against the Euro, 1.3736 against the...

German import price index for December and GfK consumer confidence survey for February are due at 2:00 am ET Wednesday. The forward looking consumer confidence index is expected to edge up to 9.1 in February from 9 in January. Import prices are expected to drop 3.4 percent year-over-year in December...

At 2:00 am ET Wednesday, Global financial services firm UBS is due to release its December consumption indicator figures for Switzerland. In November, the consumption indicator was at 1.29. Ahead of the data, the Swiss franc held steady against its major rivals. As of 1:55 am ET, the Swiss franc...

The New Zealand dollar gained ground against the U.S. dollar and the yen in late Asian trading on Wednesday. The kiwi climbed to 0.7481 against the greenback, its strongest since January 23. At yesterday's close, the pair was valued at 0.7445. The NZ currency, which ended Tuesday's deals at 87.78...

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...

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