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EURUSD1-052716.jpg The dollar is gaining ground against all of its major rivals Friday afternoon, after Federal Reserve Chair Janet Yellen signaled in her speech that a summertime interest rate hike is forthcoming. It will be appropriate for the Federal Reserve to raise interest this summer if the economy continues...

The Brazilian Real lost ground against the U.S. dollar in New York trading on Friday, on the back of falling oil prices, as well as on concerns about the ability of Acting President Michel Temer to implement policy measures. The Brazilian Real declined to more than a 2-week low of 3.6289 against the...

Following the release of the University of Michigan's final U.S. consumer sentiment index for May at 10 am ET Friday, the greenback traded mixed against the other major currencies. While the greenback changed little against the pound, it climbed further against the yen, euro and the franc. The greenback...

At 10 am ET Friday, the University of Michigan is scheduled to release its final U.S. consumer sentiment index for May. The consensus estimate calls for a small downward revision to the mid-month reading to 95.5. Ahead of the data, the greenback advanced against the other major currencies. The...

The U.S. dollar strengthened against its most major rivals in mid-European trading on Friday, after data showed that the U.S. economy expanded faster than the initial estimate in the first quarter, supporting expectations of a Federal Reserve interest rate increase in June. Data from the Commerce...

The Commerce Department has released its preliminary estimate of first quarter GDP at 8:30 am ET Friday. The greenback dropped slightly against the other major currencies following the data. The greenback was trading at 1.1172 against the euro, 109.63 against the yen, 0.9907 against the franc and...

The Commerce Department is set to release its preliminary estimate of first quarter GDP at 8:30 am ET Friday. Economists expect an upward revision to GDP growth estimate to 0.9 percent. Ahead of the data, the greenback showed mixed trading against the other major currencies. While the greenback rose...

The Canadian dollar continued to be lower against its key counterparts in European trading on Friday. The loonie fell to 2-day lows of 1.4583 versus the euro, 1.3048 versus the greenback and 0.9422 against the aussie, compared to yesterday's closing values of 1.4526, 1.2977 and 0.9376, respectively. The...

The Russian Ruble slipped against the U.S. dollar in early European trading on Friday, as oil prices declined on the back of a higher dollar, which has been supported on expectations that the Fed could raise rate as early as June. The Russian Ruble fell to a 2-day low of 66.17 versus the greenback,...

The euro weakened against the other major currencies in the early European session on Friday. The euro fell to a 2-day low of 1.5468 against the Australian dollar, from an early high of 1.5504. Against the pound and the yen, the euro dropped to 0.7612 and 122.58 from an early 3-day high of 0.7640...

The Japanese yen strengthened against the other major currencies in the early European session on Friday. The yen rose to a 2-day high of 160.54 against the pound, from an early low of 161.42. Against the euro, the Swiss franc and the NZ dollar, the yen advanced to 122.58, 110.73 and 73.79 from...

The New Zealand dollar slipped against the other major currencies in early European trading on Friday. Reversing from an early 2-day high of 74.26 against the Japanese yen, the kiwi edged down to 73.79. The kiwi slipped to 0.6727 against the greenback, 1.0728 against the aussie and 1.6624 against...

The pound drifted lower against its major rivals in pre-European trading on Friday. Reversing from an early high of 161.42 against the yen, the pound hit a 2-day low of 160.69. The pound that closed yesterday's trading at 1.4668 against the dollar edged down to 1.4646. The pound dropped to a...

The Japanese yen weakened against the other major currencies in the Asian session on Friday amid rising risk appetite, as investors waited for clues about the next U.S. interest rate hike from Federal Reserve Chair Janet Yellen's speech later in the day. In other economic news, data from the Ministry...

The Canadian dollar weakened against the other major currencies in the Asian session on Friday amid oil prices slide, due to global oversupply concerns. Crude oil for July delivery are currently down $0.37 to $49.11 a barrel. Meanwhile, investors waited for clues about the next U.S. interest rate...

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