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The Japanese yen strengthened against the other major currencies in the Asian session on Wednesday. The yen rose to more than a 1-1/2-month high of 124.32 against the Swiss franc, from yesterday's closing value of 124.49. The yen, which ended yesterday's deals at 133.80 against the euro and 183.87...

eurusd-030315.jpg With no U.S. economic data to drive the direction of trade Tuesday, the dollar is little changed in comparison to its major rivals. Investors are looking forward to the U.S. jobs report for February at the end of the week, as well as the European Central Bank meeting on Thursday. Investors can also...

The Canadian dollar firmed against its major rivals on Tuesday, after data showed the economy grew at a faster pace than expected in the fourth quarter. Data from Statistics Canada showed that Canadian economy grew 2.4 percent in the fourth quarter on a quarterly basis, beating expectations for a...

Canada GDP for fourth quarter and industrial product price index for January have been released at 8:30 am ET Tuesday. The loonie climbed against its major rivals after these data. The loonie was trading at 1.2443 against the greenback, 1.3903 against the euro, 96.16 against the yen and 0.9738 against...

Canada GDP for fourth quarter and industrial product price index for January are due to be released at 8:30 am ET Tuesday. Ahead of these reports, the loonie held steady against its major rivals. The loonie was quoted at 1.2516 against the greenback, 1.3984 against the euro, 95.68 against the yen...

The euro drifted lower against the Canadian dollar in Europe on Tuesday. The euro fell to a 4-day low of 1.3959 against the loonie, compared to yesterday's closing value of 1.4017. The next possible downside target for the euro may be found around the 1.39 zone.

Reversing direction, the Indian rupee dropped against the U.S. dollar in later deals on Tuesday. The rupee ticked down to 61.97 per greenback, off early high of 61.79. The next possible support for the rupee is seen around the 62.5 mark.

The euro fell against its major rivals in early European deals on Tuesday, as Eurozone producer price inflation fell more-than-expected to lowest since November 2009 in January, and traders look forward to the European Central Bank's monetary policy meeting for more details about the quantitative easing...

The British pound strengthened against the euro and the Swiss franc in the early European session on Tuesday, after data showed that U.K. construction sector expanded strongly in February as new orders logged the steepest rise since October 2014. Data from Markit showed that the Chartered Institute...

At 5.00 am ET Tuesday, Eurozone producer price figures for January were released. The euro traded mixed against its major rivals following the data. While the euro changed little against the pound, it slipped against the rest of major currencies. The euro was trading at 1.1170 against the greenback,...

At 5.00 am ET Tuesday, Eurozone producer price figures are due from Eurostat. Economists forecast producer prices to fall 3 percent year-on-year in January, following a 2.7 percent drop in December. On a monthly basis, producer prices are forecast to drop 0.7 percent. The euro fell against its major...

At 4:30 am ET Tuesday, Markit released Purchasing Managers' survey data for the construction sector. After the data, the Pound rose slightly against its major rivals. As of 4:31 am ET, the Pound was trading at 0.7273 against the Euro, 1.4773 against the Swiss franc, 1.5371 against the U.S. dollar...

At 4:30 am ET Tuesday, Markit is set to release Purchasing Managers' survey data for the construction sector. The U.K. Purchasing Managers' Index is forecast to fall marginally to 59 in February from 59.1 in January. Ahead of the data, the Pound showed mixed trading against its major rivals. While...

The Swiss franc extended its early lows against the other major currencies in the early European session on Tuesday amid risk appetite, as investor sentiment were bolstered by the better-than-expected German retail sales data. Traders also focus on the ECB meeting and the U.S. employment report due this...

The U.S. dollar came off from its early lows against European major rivals during early European deals on Tuesday. The greenback climbed to a 1-1/2-month high of 0.9613 against the franc, off early low of 0.9553. The greenback bounced off to 1.1179 against the euro and 1.5360 against the pound,...

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