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The pound weakened against its major counterparts in the European session on Wednesday, as the U.K. government slashed its economic growth forecast for this year as well as coming years through 2022. In its autumn budget, the Office for Budget Responsibility downgraded U.K. GDP growth forecast to...

Following the release of the U.S. durable goods orders for October and weekly jobless claims for the week ended November 18 at 8.30 am ET Wednesday, the greenback dropped slightly against its major rivals. The greenback was trading at 111.93 against the yen, 0.9876 against the franc, 1.1751 against...

The Canadian dollar advanced against its major rivals in the European session on Wednesday, as oil prices advanced following an industry data showing a draw down in U.S. crude inventories last week. Crude for January delivery rose $0.98 to $57.81 per barrel. Data from the American Petroleum Institute...

The U.S. durable goods orders for October and weekly jobless claims for the week ended November 18 are due at 8.30 am ET Wednesday. Ahead of these data, the greenback traded mixed against its major rivals. While the greenback held steady against the yen and the euro, it rose against the pound. Against...

The U.S. dollar weakened against its major rivals in early European deals on Wednesday amid falling U.S. treasury yields, while investors awaited the minutes from the latest Fed meeting for more clues about the central bank's monetary policy outlook. The minutes from the October 31 - November 1 meeting,...

The U.S. dollar dropped against its major opponents in late Asian trading on Wednesday. The greenback hit 2-day lows of 0.9896 against the franc and 112.07 against the yen, compared to Tuesday's closing values of 0.9914 and 112.44, respectively. The greenback that closed Tuesday's trading at...

The Japanese yen advanced against its major rivals in late Asian deals on Wednesday. The yen hit 2-day highs of 112.07 against the greenback and 148.61 against the pound, from Tuesday's closing values of 112.44 and 148.82, respectively. The Japanese currency rose to 113.24 against the franc...

EURUSD3-112117.jpg The dollar got off to a positive start against its major rivals Tuesday, but has since pared its early gains and is now nearly flat on the day. Economic data remained on the light side this morning and the upcoming Thanksgiving holiday seems to have some investors away from their desks. Traders are...

Following the release of Canada wholesale sales for September at 8:30 am ET Tuesday, the loonie dropped slightly against its major rivals. The loonie was trading at 87.76 against the yen, 1.2816 against the greenback, 1.5021 against the euro and 0.9710 against the aussie around 8:31 am ET.

The Canadian dollar advanced against its most major rivals in the European session on Tuesday, as investors await the OPEC meeting due to be held later this month, which is set to discuss extension of production cuts by oil producing nations. Crude for January delivery rose $0.15 to $56.57 per barrel. ...

The Australian dollar climbed against its major rivals in early European deals on Tuesday, after the Reserve Bank of Australia Governor Philip Lowe suggested that there is no strong case for a near-term adjustment in monetary policy, but the bank's next move is likely to be a rate hike, rather than cutting...

At 4.30 am ET Tuesday, the Office for National Statistics has issued UK public sector finance data. Following the data, the pound changed little against its major rivals. The pound was trading at 1.3245 against the greenback, 148.92 against the yen, 1.3244 against the franc and 0.8859 against the euro around 4:31 am ET.

At 4.30 am ET Tuesday, the Office for National Statistics is scheduled to issue UK public sector finance data. The budget deficit is forecast to rise to GBP 6.5 billion in October from GBP 5.3 billion in September. Ahead of the data, the pound retreated from its early highs against its major rivals. The...

The U.S. dollar dropped against its major counterparts in late Asian deals on Tuesday. The greenback edged down to 1.3251 against the pound and 0.9920 against the franc, from its early highs of 1.3232 and 0.9937, respectively. Reversing from its early highs of 1.1730 against the euro and...

EUR-USD3-112017.jpg The dollar got off to a weak start Monday morning, but has since pared its early losses against its major rivals. The buck is now up against the Euro and the Japanese Yen, but remains down slightly against the British pound. The upcoming Thanksgiving Day holiday on Thursday is likely to keep some...

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