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The U.S. dollar drifted lower against the pound in European deals on Monday. The greenback hit 1.6147 against the pound, its lowest since October 9, and was 0.4 percent lower from Friday's closing quote of 1.6086. If the greenback slides further, 1.62 is seen as its next possible support level.

The euro weakened against the most major currencies in the European session on Monday as European shares fell amid weak corporate earnings. Business software provider SAP SE cut its full-year profit forecast, while Royal Philips slipped to loss in the third quarter. The U.K.'s FTSE 100 index is...

After the release of the Eurozone current account data for August at 4 am ET Monday, the euro changed little against the other major currencies. The euro was trading at 1.2771 against the greenback, 0.7927 against the pound, 1.2060 against the franc and 136.68 against the yen around 4:02 am ET.

At 4 am ET Monday, the European Central Bank will release its current account balance figures for August. In July, the surplus was at EUR 18.7 billion. The euro showed mixed trading against the other major currencies before the data. While the euro rose back against the pound and the greenback, it...

Retreating from early highs, the euro edged down against most major currencies in early European deals on Monday. The euro declined to 4-day lows of 1.2730 against the greenback and 1.2061 against the franc, reversing from an early high of 1.2768 and a 5-day high of 1.2078,respectively. The euro...

The Swedish krona weakened against the U.S. dollar ahead of European session on Monday. Against the greenback, the krona fell to a 4-day low of 7.1967 from an early high of 7.1734. At last week's close, the krona was trading at 7.1783 against the greenback. If the krona extends its downtrend,...

At 2:00 am ET Monday, German Statistical Office DESTATIS released its September producer prices report. After the data, the Euro changed little against its major rivals. As of 2:01 am ET, the Euro was trading at 0.7919 against the Pound, 1.2074 against the Swiss franc, 1.2758 against the U.S....

At 2:00 am ET Monday, German Statistical Office DESTATIS is scheduled to release its September producer prices report. Producer prices are expected to drop 1 percent year-over-year in September after the 0.8 percent fall in August. On a month-over-month basis, producer prices are estimated to remain...

The Japanese yen weakened against the other major currencies in the Asian session on Monday, helped by an increase in risk appetite on brightening global growth prospects following the release of solid U.S. economic data. The U.S. economic data released on Friday bolstered hopes concerning global...

The U.S. dollar moved up against its major rivals in New York deals on Friday, as the U.S. consumer sentiment index rose more-than-expected in October. A preliminary survey by the Reuters/University of Michigan showed that consumer sentiment in the U.S. rose to 86.4 from last month's reading of 84.6....

Following the release of the Reuters/University of Michigan's preliminary consumer sentiment index for October at 9:55 am ET Friday, the greenback climbed against its major rivals. The greenback was worth 106.68 against the yen, 0.9462 against the franc, 1.2762 against the euro and 1.6065 against...

The U.S. dollar traded mixed against its key counterparts on Friday, after the U.S. housing starts showed a notable rebound in month of September. New residential construction in the U.S. increased by more than anticipated in the month of September, according to a report released by the Commerce Department,...

Following the release of Canada's consumer price index for September at 8:30 am ET Friday, the loonie ticked up against the euro, yen and the aussie but fell against the greenback. The loonie was quoted at 0.9880 against the aussie, 1.4403 against the euro, 94.73 against the yen and 1.1242 against...

The U.S. building permits and housing starts data for September have been released at 8:30 am ET Friday. After these reports, the greenback showed mixed trading against its major counterparts. While the greenback changed little against the pound, it rose against the rest of major currencies. The greenback...

Canada's consumer price index for September is due at 8:30 am ET Friday. Ahead of the data, the loonie showed mixed trading against the other major currencies. While the loonie rose against the greenback, it came off from early highs against the euro and the aussie. Against the yen, the loonie held...