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EUR-USD2-082316.jpg The dollar is trading slightly lower against all of its major rivals Tuesday afternoon. There has been little U.S. economic data to drive the direction of trading, while private sector data from the Eurozone was positive. Investors remain in a cautious mood after the hawkish comments from some Fed...

Following the release of Eurozone flash consumer sentiment index for August at 10:00 am ET Tuesday, the euro traded mixed against its major rivals. While the euro held steady against the pound and the yen, it inched down against the greenback and the franc. The euro was worth 1.1324 against the greenback,...

The Commerce Department has released its new home sales report for July at 10 am ET Tuesday. The greenback rose slightly against its major rivals following the data. The greenback was trading at 1.1326 against the euro, 100.11 against the yen, 0.9612 against the franc and 1.3186 against the pound around 10:04 am ET.

The Commerce Department is scheduled to release its new home sales report for July at 10 am ET Tuesday. Economists expect new home sales to come in at a seasonally adjusted annual rate of 580,000 units for the month. Ahead of the data, the greenback held steady against its major rivals. The greenback...

The Turkish Lira erased early losses against the U.S. dollar and climbed back in European trading on Tuesday, even as the Turkish central bank slashed its key lending rate by a quarter point to 8.50 percent. The Monetary Policy Committee of the Turkish central bank lowered the Marginal Funding Rate...

The U.S. dollar extended its weakness against the other major currencies in the early European session on Tuesday amid risk appetite, as market participants diverge on U.S. rate hike prospects this year. Meanwhile, a dearth of major data and bets that a rate hike is unlikely at the Fed's September or...

The pound firmed against its key counterparts in early European deals on Tuesday amid risk appetite, as investors looked ahead to a key speech from Fed Chair Janet Yellen this Friday for more clues about the central bank's next rate hike. Market participants are speculating that a rate hike is unlikely...

Eurozone composite PMI data has been released at 4:00 am ET Tuesday. The euro changed little against its major rivals following the data. The euro was trading at 1.1344 against the greenback, 113.57 against the yen, 1.0893 against the franc and 0.8603 against the pound around 4:01 am ET.

At 4:00 am ET Tuesday, Eurozone composite PMI data is due. The composite indicator is forecast to fall marginally to 53.1 in August from 53.2 in July. Ahead of the data, the euro showed mixed trading against its major rivals. While the euro rose against the greenback, it dropped against the franc...

The pound firmed against its key counterparts in early European deals on Tuesday. The pound climbed to near a 2-week high of 1.2679 against the Swiss franc, 5-day high of 0.8591 against the euro and near a 3-week high of 1.3210 versus the dollar, from its early lows of 1.2628, 0.8629 and 1.3129, respectively. The...

At 3:30 am ET Tuesday, Germany's PMI survey results for August were released. After the data, the euro changed little against its major rivals. As of 3:31 am ET, the euro was trading at 0.8602 against the pound, 1.0889 against the Swiss franc, 1.1352 against the U.S. dollar and 113.48 against the yen.

At 3:30 am ET Tuesday, Germany's PMI survey results for August are due. Economists forecast the factory PMI to fall to 53.6 in August from 53.8 in July. The services PMI is expected to drop to 54.3 from 54.4 a month ago. Ahead of the data, the euro showed mixed trading against its major rivals. While...

The Indian rupee strengthened against the U.S. dollar in the morning deals on Tuesday. Against the greenback, the rupee advanced to a 4-day high of 67.0500 from an early near 1-month low of 67.2800. At yesterday's close, the rupee was trading at 67.1500 against the greenback. If the rupee extends...

The Chinese yuan strengthened against the U.S. dollar in the pre-European session on Tuesday. Against the greenback, the yuan rose to a 4-day high of 6.6441 from an early low of 6.6565. At yesterday's close, the yuan was trading at 6.6482 against the greenback. If the yuan extends its uptrend,...

Switzerland's foreign trade data is due for July was released in the pre-European session on Tuesday at 2:00 am ET. After the data, the Swiss franc changed against its major rivals. As of 2:01 am ET, the Swiss franc was trading at 1.0899 against the euro, 1.2650 against the pound, 0.9613 against...

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