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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...

The Canadian dollar weakened against the other major currencies in the Asian session on Tuesday. The Canadian dollar dropped to 1.2493 against the U.S. dollar for the first time since March 2009. At yesterday's close, the loonie was trading at 1.2469 against the greenback. Against the euro and...

The Swiss franc weakened against the other major currencies in the Asian session on Tuesday. The Swiss franc fell to nearly a 2-week low of 130.82 against the yen, from yesterday's closing quote of 131.01. Against the euro and the pound, the franc edged down to 1.0151 and 1.3631 from yesterday's...

The British pound strengthened against the other major currencies in the Asian session on Tuesday. The pound rose to 5-day highs of 1.5106 against the U.S. dollar and 179.02 against the yen, from yesterdays closing quotes of 1.5056 and 178.58, respectively. Against the euro, the pound edged up...

eurusd-012615.jpg The dollar is pulling back from an 11-year high against the Euro on Monday and is also giving ground in comparison to the pound sterling. The U.S. currency has been on an impressive run against the Euro since around mid-December. The run has been fueled by economic data, as well as the recent European...

The Swiss franc extended its weakness against the Japanese yen in early New York deals on Monday. The franc hit an 11-day low of 131.76 against the yen, down from an early high of 134.72. The franc is likely to target support around the 115.00 zone. The pair was quoted at 133.30 at Friday's close.

The euro continued to trade firm against its major counterparts in Europe on Monday. The euro climbed to 1.1276 against the greenback, 133.54 against the yen and 0.7504 against the pound, off early 11-1/2-year low of 1.1096, near 17-month low of 130.13 and a 7-year low of 0.7403, respectively. The...

The Swiss franc extended its decline against its major rivals on Monday's European deals, as a data showed that sight deposits of domestic banks with the Swiss National Bank improved from last week, suggesting the possibility of an intervention to prevent the currency's appreciation. Data from the...

The Canadian dollar declined against its most major rivals in European deals on Monday, as oil prices plunged following the victory of anti-austerity Syriza party in the general election in Greece, raising concerns about Greek debt default and a possible exit from the Eurozone. Oil for March delivery...

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