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The New Zealand dollar extended its early strength against its major rivals in European deals on Wednesday, as traders await the monetary policy announcements by the Federal Reserve today and the Reserve Bank of New Zealand tomorrow. The Fed will conclude its 2-day meeting at 2 pm ET. Markets expect...

The Australian dollar gave up its early gains against its major counterparts in Europe on Wednesday. The aussie was trading at 93.49 against the yen, 1.0622 against the kiwi and 0.9874 against the loonie, reversing from early 5-day high of 94.61, 6-day highs of 1.0746 and 0.9963, respectively. Having...

Reversing direction, the Indian rupee traded higher against the U.S. dollar in evening deals on Wednesday. The rupee firmed to near a 3-month high of 61.26 against the greenback, off early session's low of 61.585, and held steady thereafter. The pair was worth 61.368 at yesterday's close. Continuation...

The U.S. dollar slipped against its major rivals in European deals on Wednesday, as traders await the outcome of a 2-day monetary policy meeting by the Federal Reserve later in the day, amid hopes that it would be patient in raising rates. Most economists expect the Fed to adhere to its December meeting's...

The Swedish krona strengthened against the euro in the early European session on Wednesday. Against the euro, the krona rose to nearly a 2-month high of 9.2634 from an early low of 9.3110. At yesterday's close, the Swedish krona was trading at 9.3010 against the euro. If the Swedish krona extends...

The Canadian dollar weakened against most major currencies in the late Asian session on Wednesday, as oil prices declined following a data showing larger-than-expected rise in U.S. crude inventories last week. Crude oil for March delivery is currently down $0.65 to $45.58 a barrel. The data from...

The pound advanced against the yen and the franc ahead of European deals on Wednesday. The pound edged up to 179.36 against the yen and 1.3786 against the franc, compared to yesterday's closing values of 179.08 and 1.3712, respectively. The pound may test resistance around 180.6 against the yen and...

German import price index for December and GfK consumer confidence survey for February were released at 2:00 am ET Wednesday. After these reports, the euro traded mixed against its major rivals. While the euro ticked up against the franc and the yen, it little changed against the dollar and the pound. The...

At 2:00 am ET Wednesday, Global financial services firm UBS released its December consumption indicator figures for Switzerland. After the data, the Swiss franc changed little against its major rivals. As of 2:01 am ET, the Swiss franc was trading at 1.0284 against the Euro, 1.3736 against the...

German import price index for December and GfK consumer confidence survey for February are due at 2:00 am ET Wednesday. The forward looking consumer confidence index is expected to edge up to 9.1 in February from 9 in January. Import prices are expected to drop 3.4 percent year-over-year in December...

At 2:00 am ET Wednesday, Global financial services firm UBS is due to release its December consumption indicator figures for Switzerland. In November, the consumption indicator was at 1.29. Ahead of the data, the Swiss franc held steady against its major rivals. As of 1:55 am ET, the Swiss franc...

The New Zealand dollar gained ground against the U.S. dollar and the yen in late Asian trading on Wednesday. The kiwi climbed to 0.7481 against the greenback, its strongest since January 23. At yesterday's close, the pair was valued at 0.7445. The NZ currency, which ended Tuesday's deals at 87.78...

The euro strengthened against its major rivals in late Asian deals on Wednesday. The euro rose to 0.7496 against the pound and 1.0292 against the franc, from early lows of 0.7471 and 1.0202, respectively. The single currency climbed back to 1.1381 against the greenback, off previous low of 1.1329. The...

The Canadian dollar weakened against most major currencies in the late Asian session on Wednesday. The loonie fell to a 6-day low of 0.9961 against the Australian dollar, from an early 2-day high of 0.9799. At yesterday's close, the loonie was trading at 0.9831 against the aussie. Against the...

The euro advanced against the Canadian dollar in late Asian deals on Wednesday. The euro that ended Tuesday's trading at 1.4109 against the loonie ticked up to 1.4125. The next possible resistance for the euro-loonie pair is seen around the 1.424 mark.

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