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The Chinese yuan strengthened against the U.S. dollar in the Asian session on Wednesday. Against the greenback, the yuan rose to a 7-month high of 6.1171 from an early low of 6.1307. At yesterday's close, the yuan was trading at 6.1210 against the greenback. If the yuan extends its uptrend, it...

The Australian dollar recovered from its early lows against the other major currencies in the Asian session on Wednesday after data showed that consumer prices in Australia advanced in line with economists' expectations in the third quarter. Data from the Australian Bureau of Statistics showed that...

The U.S. dollar strengthened against most major rivals in New York deals on Tuesday, after data showed that existing home sales in the U.S. bounced back to a one year high in September. Existing home sales in the U.S. increased by more than anticipated in the month of September, according to a report...

The U.S. existing home sales for September have been released at 10:00 am ET Tuesday. The greenback rose against its major opponents after the data. The greenback was trading at 1.2730 against the euro, 1.6146 against the pound, 106.73 against the yen and 0.9479 against the franc around 10:03 am ET.

The U.S. existing home sales for September are due at 10:00 am ET Tuesday. Ahead of the data, the greenback showed mixed trading against its major opponents. While the greenback held steady against the pound and the yen, it advanced against the franc and the euro. The greenback was worth 1.2742 against...

The euro came under pressure on Tuesday amid reports that the European Central Bank is considering the purchase of corporate bonds on the secondary market, if it finds that the currency bloc needs more stimulus to shore up growth. The central bank may take a decision regarding the matter as soon as...

The euro retreated from its early highs against most major currencies in European deals on Tuesday, amid Reuters report that the European central bank is likely to purchase corporate bonds to protect the slowing economy. The central bank is discussing the possibility of purchasing corporate bonds...

The Canadian dollar strengthened against its major rivals in European deals on Tuesday, amid risk appetite and an increase in oil prices after better-than-expected China GDP data for the third quarter. Crude for December delivery added $0.67 to $82.58 per barrel. Official data showed that China's...

The Swiss franc weakened against the other major currencies in the European session on Tuesday. The Swiss franc fell to a 1-week low of 1.5281 against the pound, from a multi-day high of 1.5192. At yesterday's close, the franc was trading at 1.5234 against the pound. Against the yen, the franc...

The U.S. dollar fell against its major counterparts on Tuesday, as traders speculate that soft global growth may cause the Federal Reserve to delay the timing of interest rate hike. Although the central bank is expected to wind down its quantitative easing program completely at its October 28-29 meeting,...

The pound weakened against most major currencies in the early European session on Tuesday. The pound fell to 4-day lows of 0.7939 against the euro and 1.5196 against the Swiss franc, from early highs of 0.7913 and 1.5245, respectively. Against the U.S. dollar, the pound retreated to 1.6153 from...

The Swedish krona strengthened against the U.S. dollar ahead of European session on Tuesday. Against the greenback, the krona rose to a 4-day high of 7.1568 from an early low of 7.1862. At yesterday's close, the krona was trading at 7.1766 against the greenback. If the krona extends its uptrend,...

The Japanese yen strengthened against the other major currencies in the Asian session on Tuesday amid weakness in regional shares. The benchmark Nikkei 225 index is currently down 293.34 points or 1.94 percent at 14,817. Japan Steel Works declined over 4 percent after the company said it will book...

At 2:00 am ET Thursday, the Swiss Federal Customs Administration releases its trade balance report for September. After the data, the Swiss franc changed little against its major rivals. As of 2:01 am ET, the Swiss franc was trading at 1.2067 against the Euro, 1.5229 against the Pound, 0.9414...

At 2:00 am ET Thursday, the Swiss Federal Customs Administration is scheduled to release its trade balance report for September. In August, the trade surplus was at CHF 1.33 billion. Ahead of the data, the Swiss franc showed mixed trading against its major rivals. While the Swiss franc, rose against...