The Canadian dollar declined against its major rivals in early New York deals on Tuesday, as the economy contracted unexpectedly in September.
Data from Statistics Canada showed that the economic growth fell 0.5 percent on month in September, contradicting expectations for a flat growth.
After the release of Canada GDP data for September at 8:30 am ET Tuesday, the loonie weakened against the other major currencies.
The loonie was trading at 1.3376 against the greenback, 185.48 against the yen, 0.7038 against the euro and 0.9745 against the aussie around 8:33 am ET.
Statistics Canada is set to release GDP data for September at 8:30 am ET Tuesday. The economy is expected to grew by 0.1 percent on month, matching the pace of growth recorded a month earlier.
Ahead of the data, the loonie showed performance against the other major currencies. While the loonie held...
The Canadian dollar strengthened against its most major rivals in European deals on Tuesday, as oil prices edged up ahead of the OPEC meeting due later this week to discuss oil production levels.
Crude for January delivery rose $0.11 to $41.76 per barrel.
The Organization of the Petroleum Exporting...
The euro strengthened against the other major currencies in the early European session on Tuesday, as data showed that Eurozone manufacturing growth rose to a 19-month high in November and Germany's unemployment rate decreased to a record low.
Data from Markit showed that Eurozone's final manufacturing...
At 5:00 am ET Tuesday, Eurostat released euro area unemployment figures for October.
After the data, the euro changed little against its major rivals.
As of 5:01 am ET, the euro was trading at 0.7022 against the pound, 1.0589 against the U.S. dollar, 1.0896 against the Swiss franc and 130.40 against the yen.
At 5:00 am ET Tuesday, Eurostat releases euro area unemployment figures for October. The jobless rate is expected to be at 10.8 percent in October, unchanged from September.
Ahead of the data, the euro extended early rise against its major rivals.
As of 4:55 am ET, the euro was trading at 0.7024...
Following the release of U.K. CIPS/Markit PMI data for November at 4:30 am ET Tuesday, the pound eased from its early highs against its major opponents.
The pound was trading at 1.5086 against the greenback, 185.71 against the yen, 1.5511 against the franc and 1.5513 against the euro around 4:35 am ET.
The pound climbed against most major currencies in early European deals on Tuesday, after the Bank of England said that all seven largest lenders in the U.K. passed the stress test, indicating that the banking system has enough capital to support the real economy in a severe global stress scenario.
The euro strengthened against the other major currencies in the early European session on Tuesday.
The euro rose to a 4-day high of 1.0619 against the U.S. dollar, from an early low of 1.0562.
Against the yen, the euro advanced to a 1-week high of 130.59 from an early 4-day low of 129.76.
At 4:00 am ET Tuesday, Markit released its November manufacturing PMI for the eurozone.
After the data, the euro rose further against its major rivals.
As of 4:02 am ET, the the euro was trading at 0.7019 against the pound, 1.0617 against the U.S. dollar, 1.0905 against the Swiss franc and 130.57 against the yen.
At 3:45 am ET Tuesday, Markit Economics is due to release its manufacturing PMI figures for Italy. PMI reports for France and Germany are due at 3:50 am ET and 3:55 am ET, respectively. Also, the Federal Labor Agency is set to issue German unemployment data for November at 3:55 am ET. The manufacturing...
At 3:30 am ET Tuesday, the Swiss PMI report for November was released.
Ahead of the data, the Swiss franc changed little against its major rivals.
As of 3:31 am ET, the Swiss franc was trading at 1.0887 against the euro, 1.5520 against the pound, 1.0279 against the U.S. dollar and 119.56 against the yen.
At 3:30 am ET Tuesday, the Swiss PMI report for November is due. The manufacturing index is forecast to rise slightly to 50.8 in November from 50.7 in October.
Ahead of the data, the Swiss franc fell against its major rivals.
As of 3:25 am ET, the Swiss franc was trading at 1.0878 against the...
The Swedish krona strengthened against the U.S. dollar in the early European session on Tuesday.
Data from the Swedbank and the Swedish National Association of Purchasing & Logistics showed that Sweden's Purchasing Managers' Index, or PMI, rose to 54.9 in November from 53.4 in the previous month....