The euro slipped to 1.6653 against the New Zealand dollar on Friday in Asia, pulling back from a 2-day high of 1.6794 hit at the beginning of the session.
Today's failed test of 1.68 resistance level and a subsequent retreat could encourage the currency bears seeking the support around the 1.66 area.
The Singapore dollar continued to trade lower against the US dollar for the second consecutive day on Friday morning in Asia, falling to 1.2577, its weakest level since September 30.
The next support for the Singapore currency is likely to be broken around the 1.26 area, a level last seen on September 18.
The Malaysian ringgit extended its 2-day losing streak against its US counterpart in early Asian trading on Friday, falling to a 2-week low of 3.2392, down from 3.2305 hit late New York Thursday.
The near-term support for the ringgit is seen around the 3.24 area, a level last seen in early October.
The yen fell across the board in early Asian trading on Friday as traders relied more on risky-bets although worries about the Federal Reserve scaling back its stimulus program in the near future continued to weigh on the markets.
The upbeat retail sales data from the U.S. released on Thursday's early...
The dollar is currently gaining ground against all of its major competitors on Thursday, after investors were flooded with U.S. economic reports. Retail sales data came in stronger than expected, but jobless claims rose more than anticipated. Investors are also eagerly awaiting next week's Federal Reserve...
The Australian dollar fell sharply against its major counterparts in early New York trading on Thursday after the Reserve Bank of Australia Governor Glenn Stevens said the Australian economy would perform better if the exchange rate of the local currency traded near the 0.85 level against the US dollar.
The Commerce Department said its business inventories rose 0.7 percent month-over-month in October, compared to expectations for an increase of 0.3 percent.
The dollar drifted higher against its major rivals after the report. As of 10:03 am ET, the greenback was trading at 0.8883 against the Swiss...
The Commerce Department will release its business inventories report for October at 10 am ET. Economists expect a 0.3 percent month-over-month increase in business inventories for the month.
The dollar held steady against its major rivals ahead of the report. As of 9:56 am ET, the greenback was ,...
The Canadian dollar depreciated almost 0.7 percent to a 2-day low of 1.0630 against the US dollar on Thursday morning in New York from early European session's near 2-week high of 1.0558.
On the downside, the next likely support for the loonie is seen around the 1.0655 area against the greenback
The US dollar strengthened following the release of a better-than-expected retail sales data but gains were halted as the weekly jobless claims disappointed.
As of 8:33 am ET, the US dollar was trading at 0.8868 against the Swiss franc, 1.3776 versus the euro, 1.6387 against the pound and 102.93 against the yen.
The Labor Department is scheduled to release its jobless claims report for the week ended November 7th at 8:30 am ET. Economists expect jobless claims to decline to 298,000 from 325,000 in the previous week.
The Labor Department will also release its report on export and import prices at 8:30 am ET....
Lingering concern over the Fed tapering and the disappointing industrial production data from the euro zone expunged recent sessions' euro gains against majority of its key counterparts before the release of some key US data on Thursday.
Industrial production in the euro area decreased at a notably...
Following the release of Eurozone industrial production for October at 5.00 am ET Thursday, the euro changed little against its major counterparts.
The euro was quoted at 1.3765 against the greenback, 1.2224 against the franc, 141.54 against the yen and 0.8392 against the pound around 5:03 am ET.
Eurostat is scheduled to publish euro area industrial output figures at 5.00 am ET Thursday. Economists forecast output to grow 0.3 percent month-on-month in October, reversing a 0.5 percent fall in September
The euro slipped against other major currencies prior to the data.
The euro was quoted...
The Canadian dollar continued its uptrend against most major currencies in European morning deals on Thursday.
The loonie advanced to a 6-day high of 1.4547 against the euro and near a 2-week high of 1.0560 against the greenback.
The loonie rallied to 97.36 against the yen, level not seen since...