The dollar is down slightly against both the Euro and pound sterling at the start of the new trading week, but is basically unchanged against the Japanese Yen. The lack of U.S. economic data is keeping many investors on the sidelines. Investors are also reluctant to take positions ahead of the Federal...
The Canadian dollar extended rise against its major rivals in New York deals on Monday, as oil prices advanced on ongoing conflict in Yemen, as well as due to continued decline in U.S. rig counts.
Crude for June delivery rose $0.21 to $57.36 per barrel.
Saudi Arabia's coalition forces continued...
Reversing direction, the Canadian dollar rose against the Australian dollar in Europe on Monday.
The loonie was trading higher at 0.9486 against the aussie, off early 5-day low of 0.9539. The loonie is likely to find resistance around the 0.93 zone.
The Indian rupee came off from its early low against the U.S. dollar in evening deals on Monday.
The rupee was trading at 63.465 a greenback, off early near 4-month low of 63.77. The pair ended last week's deals at 63.568.
The Canadian dollar advanced against the Japanese yen and the U.S. dollar in European deals on Monday.
The loonie edged up to 98.16 against the yen and 1.2152 against the greenback, off early multi-day lows of 97.46 and 1.2194, respectively. The loonie may possibly find resistance around 99.00 against...
The euro continued its early decline against the NZ dollar in European deals on Monday.
The euro fell to a 4-day low of 1.4226 against the kiwi, down from a high of 1.4311 hit at 6:00 pm ET. The euro is likely to find downside target around the 1.41 zone.
The U.S. dollar strengthened against the other major currencies in the early European session on Monday amid risk aversion, as investor sentiment dampened after Greece failed to resolve impasse with its European partners at the April 24 gathering in Riga, Latvia.
The U.K.'s FTSE 100 index is currently...
The U.S. dollar strengthened against the other major currencies in the early European session on Monday.
The U.S. dollar rose to 4-day highs of 0.9582 against the Swiss franc and 1.2194 against the Canadian dollar, from early lows of 0.9526 and 1.2148, respectively.
Moving away from an early near...
The Swiss franc declined against its major opponents in early European deals on Monday, in reaction to comments by the Swiss National President Thomas Jordan that the domestic currency is significantly overvalued and the bank is prepared to intervene in the forex market.
In a speech in Bern on Friday,...
The British pound strengthened against most major currencies in the Asian session on Monday, as some hedge funds bet on a risk-free election and government, as the general election draws closer.
Several hedge funds bet that the aftermath of the May 7 election result would be risk-free for the Sterling,...
The Swiss currency drifted lower against its major counterparts ahead of European deals on Monday.
The franc hit 4-day lows of 1.0390 against the euro, 0.9582 against the greenback and 1.4510 against the pound, from early highs of 1.0357, 0.9526 and 1.4464, respectively.
The franc fell back to...
The euro bounced back from its early lows against the other major currencies ahead of European deals on Monday.
The euro gained to 1.0885 against the greenback, 129.52 against the yen and 1.0379 against the franc, from its previous lows of 1.0846, 129.00 and 1.0357, respectively.
The euro also...
The New Zealand dollar strengthened against the euro in the late Asian session on Monday.
Against the euro, the kiwi rose to a 4-day high of 1.4232 from an early low of 1.4311.
The kiwi may test resistance near the 1.37 area.
At 2:00 am ET Monday, Destatis released the German import price index for March.
After the data, the Euro changed little against its major rivals.
As of 2:01 am ET, the Euro was trading at 0.7161 against the Pound, 1.0364 against the Swiss franc, 1.0871 against the U.S. dollar and 129.29 against the Yen.
At 2:00 am ET Monday, Destatis is set to release the German import price index for March. The index is seen to rise 0.4 percent on month, compared to a rise of 1.4 percent in February. Year-on-year, the index is expected to fall 2 percent, slower than the 3 percent decline in February.
Ahead of the...