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The U.S. dollar strengthened against mots major currencies in the pre-European session on Wednesday. The U.S. dollar rose to 2-day highs of 1.1287 against the euro and 0.9646 against the Swiss franc, from early lows of 1.1311 and 0.9626, respectively. The greenback advanced to 1.3161 against...

The Australian dollar drifted lower against its major counterparts in pre-European deals on Wednesday. The aussie pared gains to 1.0433 against the kiwi, from a high of 1.0469 hit at 7:10 pm ET. The aussie declined to a 5-day low of 76.15 against the yen, 2-day lows of 1.4875 against the euro,...

Destatis published Germany's revised GDP data for the second quarter 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 0.8566 against the pound, 1.0887 against the Swiss franc, 1.1289...

Swiss UBS consumption indicator for July is due to be released in the pre-European session on Wednesday at 2:00 am ET. The index stood at 1.34 in June. Ahead of the data, the Swiss franc held steady against its major rivals. As of 1:55 am ET, the Swiss franc was trading at 1.0886 against the...

Destatis is scheduled to publish Germany's revised GDP data for the second quarter in the pre-European session on Wednesday at 2:00 am ET. According to preliminary estimate, the economy grew 0.4 percent sequentially in the second quarter. Ahead of the data, the euro showed mixed trading against its...

Cabinet office released final Japan leading economic indicators index for June at 1:00 am ET Wednesday. After the data, the yen changed little against its major rivals. As of 1:01 am ET, the yen was trading at 113.37 against the euro, 132.23 against the pound, 104.13 the Swiss franc and 100.37...

The New Zealand dollar weakened against the other major currencies in the Asian session on Wednesday amid rising risk aversion. Investors remained cautious ahead of Federal Reserve Chair Janet Yellen's speech later this week. Yellen will speak on Friday at the Kansas City Fed's monetary policy symposium...

Cabinet office is set to release final Japan leading economic indicators index for June at 1:00 am ET Wednesday. Ahead of the data, the yen held steady against its major rivals. As of 12:55 am ET, the yen was trading at 113.36 against the euro, 132.22 against the pound, 104.12 the Swiss franc...

The New Zealand dollar weakened against the other major currencies in the Asian session on Wednesday. The NZ dollar fell to 0.7269 against the U.S. dollar and 72.92 against the yen, from yesterday's closing quotes of 0.7286 and 73.03, respectively. Against the euro and the Australian dollar,...

EUR-USD2-082316.jpg The dollar is trading slightly lower against all of its major rivals Tuesday afternoon. There has been little U.S. economic data to drive the direction of trading, while private sector data from the Eurozone was positive. Investors remain in a cautious mood after the hawkish comments from some Fed...

Following the release of Eurozone flash consumer sentiment index for August at 10:00 am ET Tuesday, the euro traded mixed against its major rivals. While the euro held steady against the pound and the yen, it inched down against the greenback and the franc. The euro was worth 1.1324 against the greenback,...

The Commerce Department has released its new home sales report for July at 10 am ET Tuesday. The greenback rose slightly against its major rivals following the data. The greenback was trading at 1.1326 against the euro, 100.11 against the yen, 0.9612 against the franc and 1.3186 against the pound around 10:04 am ET.

The Commerce Department is scheduled to release its new home sales report for July at 10 am ET Tuesday. Economists expect new home sales to come in at a seasonally adjusted annual rate of 580,000 units for the month. Ahead of the data, the greenback held steady against its major rivals. The greenback...

The Turkish Lira erased early losses against the U.S. dollar and climbed back in European trading on Tuesday, even as the Turkish central bank slashed its key lending rate by a quarter point to 8.50 percent. The Monetary Policy Committee of the Turkish central bank lowered the Marginal Funding Rate...

The U.S. dollar extended its weakness against the other major currencies in the early European session on Tuesday amid risk appetite, as market participants diverge on U.S. rate hike prospects this year. Meanwhile, a dearth of major data and bets that a rate hike is unlikely at the Fed's September or...

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