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EUR-USD3-092017.jpg The dollar has spiked sharply to the upside against all of its major rivals after the Federal Reserve revealed its policy decision. The Federal Reserve on Wednesday maintained its benchmark interest rate at a range of 1% to 1.25%. As expected, the Fed said it will begin shrinking its bloated $4.5...

Following the release of the National Association of Realtors' existing home sales for August at 10:00 am ET Wednesday, the greenback traded mixed against its major rivals. While the greenback fell against the euro, it changed little against the rest of major counterparts. The greenback was trading...

At 10:00 am ET Wednesday, the National Association of Realtors is scheduled to release its report on existing home sales in the month of August. The economists are looking for consensus of 5.48 million, slightly up from 5.440 million in the previous month. Ahead of the data, the greenback traded...

The Canadian dollar strengthened against its most major counterparts in the European session on Wednesday amid rising oil prices, as an industry data showed that U.S. crude inventories rose less than expected last week. Crude for November delivery rose $0.56 to $50.48 per barrel. Data from the...

The British pound strengthened against other major currencies in the early European session on Wednesday, after data showed that U.K. retail sales increased at a faster pace in August. Data from the Office for National Statistics showed that U.K. retail sales volume including auto fuel advanced 1...

The U.S. dollar weakened against its key counterparts in early European deals on Wednesday, as investors became cautious ahead of the outcome of Federal Reserve's policy meeting that would shed more clues about the probability of a rate increase in December. The Federal Reserve will publish its rate...

The British pound strengthened against other major currencies in the early European session on Wednesday. The pound rose to 2-day highs of 1.3608 against the U.S. dollar, 1.3057 against the Swiss franc and 0.8826 against the euro, from early lows of 1.3492, 1.2974 and 0.8888, respectively. Against...

At 4:30 am ET Wednesday, the Office for National Statistics released U.K. retail sales for August. After the data, the pound rose against its major rivals. As of 4:31 am ET, the pound was trading at 0.8869 against the euro, 1.3037 against the Swiss franc, 1.3578 against the U.S. dollar and 151.29 against the yen.

At 4:30 am ET Wednesday, the Office for National Statistics is scheduled to release U.K. retail sales for August. Economists forecast sales to rise 0.2 percent on month, following a 0.3 percent rise in July. Ahead of the data, the pound showed mixed trading against its major rivals. While the pound...

The New Zealand dollar retreated from early highs against other major currencies in the Asian session on Wednesday, as Asian stock markets traded lower. This was due to investors stance on adopting a cautious stance ahead of the U.S. Federal Reserve's monetary policy decision due later in the day. While...

The Australian dollar climbed against most major counterparts in pre-European deals on Wednesday. The aussie that closed Tuesday's trading at 0.8010 against the greenback and 89.38 against the yen firmed to an 8-day high of 0.8048 and a 21-month high of 89.67, respectively. The aussie advanced...

Destatis released Germany's producer prices for August in the pre-European session on Wednesday at 2:00 am ET. After the data, the euro changed little against its major rivals. As of 2:01 am ET, the euro was trading at 0.8881 against the pound, 1.1542 against the Swiss franc, 1.2012 against the...

Destatis releases Germany's producer prices for August in the pre-European session on Wednesday at 2:00 am ET. Producer prices are forecast to gain 2.5 percent on year for August, faster than the 2.3 percent increase seen in July. Ahead of the data, the euro showed mixed trading against its major...

The New Zealand dollar retreated from early highs against other major currencies in the Asian session on Wednesday. The NZ dollar fell to 81.40 against the yen and 1.0978 against the Australian dollar, from an early more than a 6-week high of 81.86 and a 4-week high of 1.0921, respectively. Against...

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday. The U.S. dollar fell to a 9-day low of 1.2019 against the euro, from yesterday's closing value of 1.1994. Against the pound, the yen and the Swiss franc, the greenback dropped to 1.3531, 111.45 abd 0.9604...

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