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The Canadian dollar strengthened against the U.S. dollar and the yen in the European session on Tuesday. The Canadian dollar rose to 1.2073 against the U.S. dollar for the first time since January 21. This may be compared to an early low of 1.2116. Against the yen, the loonie edged up to 98.54...

The Australian dollar extended rally against most major currencies in European deals on Tuesday. The aussie advanced to 94.08 against the yen, its highest since March 25, while approaching a 5-week high of 0.7906 against the greenback. The aussie climbed to 0.9561 against the loonie, its strongest...

The New Zealand dollar strengthened against the other major currencies in the early European session on Tuesday. The NZ dollar rose to a 6-day high of 0.7670 against the U.S. dollar, from an early low of 0.7615. Against the yen and the U.S. dollar, the kiwi advanced to 5-day highs of 91.29 and...

The British pound weakened against the other major currencies in the early European session on Tuesday, after data showed that U.K. economic growth slowed more than expected in the first quarter. Data from the Office for National Statistics showed that the U.K. gross domestic product expanded 0.3...

The British pound weakened against the other major currencies in the early European session on Tuesday, after data showed that U.K. economic growth slowed more than expected in the first quarter. Data from the Office for National Statistics showed that the U.K. gross domestic product expanded 0.3...

At 4:30 am ET Tuesday, the Office for National Statistics released first estimate for the March quarter GDP. After the data, the Pound fell against its major rivals. As of 4:31 am ET, the Pound was trading at 0.7155 against the Euro, 1.4527 against the Swiss franc, 1.5184 against the U.S. dollar...

At 4:30 am ET Tuesday, the Office for National Statistics is set to release first estimate for the March quarter GDP. The U.K. economy is expected to grow 0.5 percent sequentially after expanding 0.6 percent in the fourth quarter of 2014. Ahead of the data, the Pound showed mixed trading against its...

The Russian ruble weakened against the U.S. dollar in the early European session on Tuesday, amid expectation that the central bank may cut its key rate at a monetary policy meeting on Thursday. Against the greenback, the ruble fell to a 1-week low of 52.59 from an early high of 50.99. If the...

The Australian dollar extended its early advance against the Canadian dollar in the early European session on Tuesday. Against the loonie, the aussie rose to a 6-day high of 0.9541 from an early low of 4-day low of 0.9475. If the aussie extends its uptrend, it is likely to find resistance around the 0.97 area.

The Swiss currency weakened against the other major currencies in early European deals on Tuesday. The franc pared gains to 124.50 against the yen, from an early high of 124.87. The franc weakened to a 5-day low of 1.4567 against the pound, compared to yesterday's closing value of 1.4542. The...

The British pound continued to be stronger against the other major currencies in the Asian session on Tuesday, as traders await the U.K. first quarter GDP data, due later in the day. Speculation rose that if the GDP results showed unexpected pickup, it is likely to boost interest rate expectations. In...

The British pound strengthened against most other major currencies in the Asian session on Tuesday. The pound rose to a 5-day high of 0.7135 against the euro, from yesterday's closing value of 0.7146. Against the U.S. dollar and the yen, the pound edged up to 1.5244 and 181.51 from yesterday's...

The euro weakened against the pound in the Asian session on Tuesday. Against the pound, the euro fell to a 5-day low of 0.7135 from yesterday's closing value of 0.7146. If the euro extends its downtrend, it is likely to find support around the 0.70 area.

The Australian dollar strengthened against the other major currencies in the Asian session on Tuesday. The Australian dollar rose to nearly a 5-week high of 0.7873 against the U.S. dollar, from yesterday's closing value of 0.7857. Moving away from an early 4-day low of 0.9475 against the Canadian...

eurusd-042715.jpg 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...

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