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The Australian dollar strengthened against the other major currencies in the Asian session on Wednesday after data showed that the services sector in China expanded at an accelerated pace in April. Data from HSBC showed that the services sector in China expanded at an accelerated pace in April, with...

The Japanese yen weakened against most major currencies in the Asian session on Wednesday. The yen fell to nearly a 3-month low of 129.75 against the Swiss franc, a 1-week low of 95.61 against the Australian dollar and a 5-day low of 134.78 against the euro, from yesterday's closing quotes of 129.31,...

The U.S. dollar weakened against most major currencies in the Asian session on Wednesday. The U.S. dollar fell to a 1-week low of 0.7974 against the Australian dollar and a 5-day low of 1.1241 against the euro, from yesterday's closing quotes of 0.7940 and 1.1184, respectively. Against the pound,...

The New Zealand dollar weakened against the other major currencies in the Asian session on Wednesday, as more than expected unemployment rate for the first quarter of 2015, fueled rate cut speculation by the central bank. Data from Statistics New Zealand showed that the unemployment rate in New Zealand...

The euro strengthened against the other major currencies in the Asian session on Wednesday. The euro rose to nearly a 2-1/2-month high of 1.4999 against the NZ dollar, from yesterday's closing value of 1.4787. Against the U.S. dollar and the yen, the euro advanced to 5-day highs of 1.1241 and...

The Australian dollar strengthened against the other major currencies in the Asian session on Wednesday. The Australian dollar rose to more than a 3-month high of 1.0644 against the NZ dollar and a 6-day high of 0.9601 against the Canadian dollar, from early lows of 1.0490 and 0.9567, respectively....

The New Zealand dollar weakened against the other major currencies in the Asian session on Wednesday. The NZ dollar fell to more than a 3-month low of 1.0644 against the Australian dollar and nearly a 2-1/2-month low of 1.4987 against the euro, from yesterday's closing quotes of 1.0505 and 1.4787,...

eurusd1-050515.jpg The dollar is pulling back against all of its major competitors Tuesday, following the release of the larger than expected trade deficit for March. The weak trade data suggests that GDP contracted in the first quarter. The better than expected ISM non-manufacturing report has been unable to slow the...

The Canadian dollar firmed against its most major rivals in New York deals on Tuesday, extending previous session's rally, as crude oil prices rose sharply amid fears of supply disruptions from Libya after a key port in the North African nation was shut down. Protesters forced the closure of the oil...

Following the release of ISM non-manufacturing composite index for April at 10:00 am ET Tuesday, the greenback rose slightly against its major counterparts. The greenback was trading at 1.1128 against the euro, 1.5163 against the pound, 120.40 against the yen and 0.9324 against the franc around 10:03 am ET.

The Institute of Supply management's non-manufacturing composite index for April is to be released at 10:00 am ET Tuesday. Economists forecast a reading of 56.2 in April, compared to 56.5 seen in March. Following the data, the dollar held steady against its major counterparts. The greenback was...

The U.S. dollar gave up its early advance on Tuesday, following a report showing that the U.S. trade deficit widened to more than a 6-year high in March. The data from the Commerce Department showed that the trade deficit soared to $51.4 billion in March from a revised $35.9 billion in February....

After the release of U.S. trade data for March at 8:30 am ET Tuesday, the greenback fell against its major counterparts. The greenback was trading at 1.1144 against the euro, 120.33 against the yen, 0.9310 against the franc and 1.5152 against the pound around 8:34 am ET.

At 8:30 am ET Tuesday, Canada's trade data for March has been released. The loonie dropped against its major counterparts following the data. The loonie was trading at 1.3484 against the euro, 0.9552 against the aussie, 1.2003 against the greenback and 99.44 against the yen around 8:32 am ET.

Canada's trade data for March will be out at 8:30 am ET Tuesday. The deficit is seen at C$0.80 billion, lesser than the C$0.98 billion shortfall recorded in February. The loonie showed mixed trading against its major rivals before the data. While the loonie rose against the yen and the greenback,...

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