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The British pound weakened against the other major currencies in the European session on Thursday, after data showed that the U.K. economy expanded less than previously estimated in the first quarter. Data from the Office for National Statistics showed that the U.K. gross domestic product grew 0.2...

The U.S. dollar recouped from its early lows against its major rivals in the early European session on Thursday. The greenback bounced off to 1.1218 against the euro, 1.2950 against the pound, 111.90 against the yen and 0.7465 against the aussie, from its early 2-day lows of 1.1250, 1.3014, 111.47...

The British pound weakened against the other major currencies in the European session on Thursday. The pound fell to 2-day lows of 0.8666 against the euro and 1.2592 against the Swiss franc, from early highs of 0.8636 and 1.2633, respectively. Against the U.S. dollar, the pound dropped to 1.2950...

At 4:30 am ET Thursday, the Office for National Statistics published the second estimates for the U.K. GDP. After the data, the pound against its major rivals. As of 4:31 am ET, the pound was trading at 0.8658 against the euro, 1.2607 against the Swiss franc, 1.2986 against the U.S. dollar and...

At 4:30 am ET Thursday, the Office for National Statistics publishes the second estimates for the U.K. GDP. According to first estimate, the economy expanded 0.3 percent sequentially in the first quarter. Ahead of the data, the pound showed mixed trading against its major rivals. While the pound...

The Canadian dollar strengthened against its most major counterparts in the Asian session on Thursday amid a rally in oil prices, on hopes that the OPEC meeting in Vienna will extend its ongoing output cuts into 2018 to prop up prices. Crude for July delivery rose $0.36 to $51.73 per barrel. The...

The New Zealand dollar strengthened against the other major currencies in the pre-European session on Thursday. The NZ dollar rose to a 2-week high of 78.76 against the yen, from yesterday's closing value of 78.59. The kiwi edged up to 1.5926 against the euro, from yesterday's closing value of...

The safe-haven currencies such as the U.S. dollar and the yen weakened against their major counterparts in the Asian session on Thursday, as Asian stock markets traded higher, though gains are modest in most markets, following the positive cues overnight from Wall Street after the release of the latest...

The euro strengthened against the other major currencies in the Asian session on Thursday. The euro rose to a 9-day high of 125.49 against the euro, from yesterday's closing value of 125.04. Against the U.S. dollar and the pound, the euro advanced to 2-day highs of 1.1245 and 0.8661 from yesterday's...

The Japanese yen weakened against the other major currencies in the Asian session on Thursday. The yen fell to a 9-day low of 125.49 against the euro and an 8-day low of 83.88 against the Australian dollar, from yesterday's closing quotes of 125.04 and 83.65, respectively. Against the pound and...

The U.S. dollar weakened against most major currencies in the Asian session on Thursday. The U.S. dollar fell to more than a 5-week low of 1.3394 against the Canadian dollar, from yesterday's closing value of 1.3404. Against the euro, the Swiss franc and the Australian dollar, the greenback dropped...

eurusd1-052517.jpg The dollar is heading lower against its major rivals Wednesday afternoon, following the release of the minutes from the most recent meeting of the Federal Reserve. The Fed is on track to raise interest rates this summer, most likely in June, according to the minutes of the central bank's May 2-3 meeting. "Several"...

The euro climbed against its major rivals in the European session on Wednesday, as the European Central Bank President Mario Draghi signaled that the bank is likely to wind down asset purchases before raising interest rates. The unconventional measures taken by the ECB have been effective in stimulating...

National Association of Realtors has released existing home sales for April at 10:00 am ET Wednesday. After the data, the greenback changed little against its major rivals. The greenback was trading at 1.1193 against the euro, 111.86 against the yen, 1.2954 against the pound and 0.9761 against the...

As expected, the Bank of Canada kept benchmark rate on hold at 0.50 percent. Following the announcement, the loonie recovered from early lows against its key counterparts. The loonie was worth 1.5110 against the euro, 82.85 against the yen,1.0090 against the aussie and 1.3511 against the greenback around 10:02 am ET.

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