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USDJPY-013015.jpg The dollar is losing ground against the Japanese Yen Friday, following the weaker than anticipated U.S. GDP report for the fourth quarter. The Yen is benefitting from its safe haven status and some positive Japanese economic data. However, the U.S. currency is gaining ground against its major European...

The Canadian dollar extended weakness against its major opponents on Friday, as Canadian economic growth turned negative in November, due to declines in manufacturing, mining, and oil and gas extraction. Data from Statistics Canada showed that GDP fell by 0.2 percent in November, following a 0.3 percent...

Following the release of Canada's GDP data for November at 8:30 am ET Friday, the loonie extended decline against its major counterparts. The loonie was trading at 1.4403 against the euro, 0.9879 against the aussie, 92.48 against the yen and 1.2722 against the greenback around 8:34 am ET.

The U.S. advanced GDP data for the fourth quarter has been released at 8:30 am ET Friday. Following the data, the greenback edged down against its major rivals. The greenback was trading at 1.1329 against the euro, 0.9239 against the franc, 117.55 against the yen and 1.5068 against the pound around 8:32 am ET.

The U.S. advanced GDP data for the fourth quarter is due at 8:30 am ET Friday. Ahead of the data, the greenback traded mixed against its major rivals. While the dollar rose against the pound and the euro, it held steady against the yen and the franc. The greenback was worth 1.1313 against the euro,...

The euro eased back against its most major rivals in European deals on Friday, as European shares fell and data showed that Eurozone inflation weakened further in January. Eurozone consumer prices declined for the second straight month in January largely due to lower energy prices, posting the biggest...

The Russian Ruble continued its early decline against the U.S. dollar on Friday's European deals, after the Russia's central bank cut its key rate in a bid to underpin economic activity that remains hurt by falling oil prices and economic sanctions. The Bank of Russia Board of Directors decided to...

The Canadian dollar declined against its most major rivals in European deals on Friday, as traders focus on the release of nation's GDP data for November, due later in the day. The gross domestic product is seen flat on month, after growing 0.3 percent in October. On year, the economic growth is expected...

The Japanese yen continued its early rise against its major rivals in early European deals on Friday. The yen climbed to a 4-day high of 177.01 against the pound, new 2-week high of 126.93 against the franc and a 10-1/2-month high of 91.26 against the aussie, off early lows of 178.55, 128.32 and 92.21,...

At 5 am ET Friday, Eurozone inflation report for January and jobless rate for December were released. After these reports, the euro changed little against its major rivals. The euro was trading at 1.1321 against the greenback, 1.0470 against the franc, 0.7503 against the pound and 133.18 against the...

At 5 am ET Friday, Eurostat is due to release its inflation and unemployment reports. The annual harmonised measure of inflation is expected to come in at -0.5 percent in January compared with -0.2 percent in December. The jobless rate is estimated to remain stable at 11.5 percent in December. Ahead...

The Russian ruble weakened against the U.S. dollar in the early European session on Friday, ahead of the central bank's monetary policy meeting due shortly. The Russian central bank will announce its rate decision at 5:30 am ET. The bank is expected to retain its auction based repo rate at 17 percent....

At 4:30 am ET, the Bank of England released its mortgage approvals and money supply data for December. After these data, the Pound changed little against its major rivals. As of 4:31 am ET, the Pound was trading at 0.7519 against the Euro, 1.3881 against the Swiss franc, 1.5055 against the U.S....

The Swedish krona weakened against the euro in the early European session on Friday. Against the euro, the krona fell to an 8-day low of 9.3906 from an early high of 9.3538. At yesterday's close, the krona was trading at 3.3597 against the euro. If the krona extends its downtrend, it is likely...

At 4:30 am ET, the Bank of England will release its mortgage approvals and money supply data for December. Mortgage approvals are expected to remain stable at 59,000 in December. In November, money supply had declined 2.8 percent year-over-year. Ahead of these data, the Pound showed mixed trading...

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