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The Reserve Bank of Australia reduced its key rate by 25 Bps to 1.75 percent. After the announcement, the Australian dollar fell against its major rivals. As of 12:31 am ET, the Australian dollar traded at 1.5194 against the euro, 0.7587 against the U.S dollar, 80.53 against the yen and 1.0808...

The Reserve Bank of Australia's interest rate decision is due to be released at 12:30 am ET Tuesday. The economists expect the bank to hold rates at 2.00 percent. Ahead of the announcement, the Australian dollar rose against its major rivals. As of 12:25 am ET, the Australian dollar traded at...

The New Zealand dollar strengthened against most major currencies in the Asian session on Tuesday. The NZ dollar rose to a 2-week high of 0.7054 against the U.S. dollar and a 4-day high of 74.90 against the yen, from yesterday's closing quotes of 0.7018 and 74.66, respectively. Against the euro,...

The Australian dollar strengthened against the other major currencies in the Asian session on Tuesday. The Australian dollar rose to 6-day highs of 0.7709 against the U.S. dollar and 0.9642 against the Canadian dollar, from yesterday's closing quotes of 0.7666 and 0.9602, respectively. Against...

EUR-USD2-050216.jpg The dollar is losing ground against its major European rivals Monday afternoon, but is modestly higher in comparison to the Japanese Yen. U.S. manufacturing data came in weaker than expected this morning, but most investors are looking forward to the release of the U.S. jobs report for April at the end...

The U.S. ISM manufacturing survey for April and construction spending report for March have been released at 10:00 am ET Monday. Following these reports, the greenback showed mixed trading against its major rivals. While the greenback changed little against the yen and the pound, it declined further...

The U.S. ISM manufacturing survey for April and construction spending report for March are due at 10:00 am ET Monday. Ahead of these reports, the greenback traded mixed against the other major currencies. While the greenback declined against the pound, euro and the franc, it rose against the yen. The...

The U.S. dollar extended decline against its major counterparts in European trading on Monday, as relentless decline in oil and a slowdown in Chinese manufacturing activity in April arose concerns over the global economy. Crude oil fell on worries over supply growth after a report showed OPEC countries...

The U.S. dollar drifted lower against European major counterparts in Europe on Monday. The greenback slipped to an 8-1/2-month low of 1.1501 against the euro and near a 3-week low of 0.9563 against the franc, from its early highs of 1.1448 and 0.9605, respectively. The greenback dropped to 1.4696...

Reversing direction, the Australian dollar climbed against its major rivals in European trading on Monday. The aussie rebounded to 1.5016 against the euro, 0.9578 against the loonie, 1.0892 against the kiwi and 81.48 versus the yen, from its 3-week low of 1.5097, 5-1/2-month low of 0.9524, 2-month...

The Canadian dollar trimmed its early losses against most major counterparts in European trading on Monday. The loonie was trading at 1.2524 against the greenback, 85.14 against the yen and 1.4371 against the euro, from its early low of 1.2559, 2-week low of 84.52 and an 11-day low of 1.4419, respectively. If...

The Canadian dollar lost ground against the other major currencies in early European trading on Monday, following a decline in oil prices on increased oil production in Iraq in April, adding to signs over supply glut in market. Crude for June delivery fell $0.32 to $45.60 per barrel. Iraqi exports...

The euro strengthened against the other major currencies in the early European session on Monday, after data showed that Eurozone manufacturing growth improved marginally in April. Traders also await the comments from European Central Bank President Mario Draghi, due later in the day. Data from...

At 4:00 am ET Monday, Markit released its April manufacturing PMI for the eurozone. After the data, the euro changed little against its major rivals. As of 4:01 am ET, the euro was trading at 0.7843 against the pound, 1.1001 against the Swiss franc, 1.1469 against the U.S. dollar and 122.06 against the yen.

At 3:45 am ET Monday, Markit Economics is due to release its manufacturing PMI figures for Italy. PMI reports for France and Germany are due at 3:50 am ET and 3:55 am ET, respectively. The manufacturing PMI for the Eurozone is due 4:00 am ET. Ahead of the reports, the euro showed mixed trading against...

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