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The pound strengthened against the other major currencies in the early European session on Friday after data showed that the U.K. GDP grew in the second quarter underpinned by services and manufacturing. The figure matched economists' expectation. Preliminary data from the Office for National...

The New Zealand dollar fell against the other major currencies in early European deals on Friday, as weak corporate earnings reports and ongoing concerns over Ukraine and Gaza weighed on investor sentiment. Shares of LVMH Moët Hennessy Louis Vuitton led declines as its first-half profit fell from...

U.K Office for National Statistics released its second quarter preliminary GDP data at 4:30 am ET Friday. After the data, the Pound rose against its major opponents. As of 4:31 am ET, the British currency was trading at 0.7913 against the Euro, 1.6991 against the U.S. dollar, 1.5358 against the...

The U.S. dollar recovered from its early lows against the other major currencies and rose in the early European session on Friday. The U.S. dollar rose to a 5-month high of 0.9043 against the Swiss franc, from an early low of 0.9017. The greenback closed yesterday's deals at 0.9022. The U.S. dollar...

U.K Office for National Statistics will release its second quarter preliminary GDP data at 4:30 am ET Friday. GDP is expected to grow 3.1 percent year-over-year in the second quarter, following the 3 percent rise in the previous quarter. On a sequential basis, GDP is estimated to increase at a stable...

Reversing from early highs, the New Zealand dollar fell against its major counterparts in early European deals on Friday. The kiwi hit 6-week lows of 0.8546 against the greenback and 1.5744 against euro, from early highs of 0.8585 and 1.5681, respectively. The kiwi reversed from its prior highs...

German IFO business confidence index for July was released at 4:00 am ET Friday. After the data, the euro eased from early highs against the other major currencies. The euro was trading at 1.3451 against the greenback, 1.2150 against the franc, 0.7925 against the pound and 137.08 against the yen around 4:03 am ET.

At 4 am ET Friday, IFO is due to release its business confidence index for Germany. The business climate index is expected to edge down to 109.4 in July from 109.7 in June. Ahead of the data, the euro showed mixed trading against the other major currencies. While the euro edged down against the greenback,...

Following the release of German GfK consumer sentiment index for August at 2:00 am ET Friday, the euro changed little against the other major currencies. The euro was worth 1.3467 against the greenback, 136.99 against the yen, 0.7926 against the pound and 1.2150 against the franc around 2:03 am ET.

German GfK consumer sentiment index for August is due at 2:00 am ET Friday. Prior to the data, the euro was trading mixed against the other major currencies. While the euro held steady against the franc and the pound, it rose slightly against the yen and the greenback. The euro was worth 1.3468 against...

The Malaysian ringgit weakened against the U.S. dollar in the Asian session on Friday. Meanwhile, the Department of Statistics showed that Malaysia's unemployment rate remained unchanged in May. The unemployment rate came in at 2.9 percent in May, the same as in the previous month. A year ago,...

The Australian dollar weakened against the other major currencies in the Asian session on Friday, as regional stocks declined following a drop in commodity prices and reports about a likely strike in iron ore terminals. Australia's S&P 200 index is currently down 16.30 points or 0.29 percent at 5,571...

The Indian rupee weakened against the U.S. dollar in the morning deals on Friday. Against the greenback, the rupee fell to a 2-day low of 60.2000. At yesterday's close, the rupee was trading at 60.1140 against the greenback. If the rupee extends its decline, it is likely to find support around the 60.42 region.

The Japanese yen continued its downtrend against most major rivals in New York deals on Thursday. The yen slipped to a new 2-week low of 101.82 against the greenback, off early high of 101.41. Reversing from an early high of 112.27 against the franc and a 5-1/2-month high of 136.36 against the...

The U.S. new home sales data for June was released at 10:00 am ET Thursday. Following the data, the greenback ticked down against its major counterparts. The greenback was trading at 1.6979 against the pound, 0.9019 against the franc, 1.3470 against the euro and 101.72 against the yen around 10:03 am ET.