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The Canadian dollar showed mixed trading against its major counterparts in the European session on Friday, after the Bank of Canada reduced its benchmark rate unexpectedly to cushion the economic shocks from the COVID-19 pandemic. The BoC lowered its target for the overnight rate by 50 basis points...

The Michigan University's Consumer Sentiment report for March has been published at 10.00 am ET Friday. After the data, the greenback fell slightly against its major rivals. The greenback was trading at 1.0980 against the euro, 1.2233 against the pound, 0.9626 against the franc and 108.50 against...

The Michigan University's Consumer Sentiment report for March will be published at 10.00 am ET Friday. The consensus is for 92.00, slightly down from 95.9 in the prior month. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback held steady against the pound and...

The U.S. personal income and spending data for February has been released at 8:30 am ET Friday. The greenback changed little against its major rivals after the data. The greenback was trading at 1.1009 against the euro, 1.2264 against the pound, 0.9623 against the franc and 108.69 against the yen around 8:35 am ET.

The U.S. personal income and spending data for February will be released at 8:30 am ET Friday. Ahead of the data, the greenback held steady against its major rivals. The greenback was worth 1.1000 against the euro, 1.2253 against the pound, 0.9619 against the franc and 108.76 against the yen at 8:25 am ET.

The euro slipped against its major counterparts in the European session on Friday, as the rapid spread of coronavirus infections sparked fears of a deep global recession. Above 83,000 infections have been registered in the U.S., surpassing China and Italy, deepening anxiety. There are now more...

The Australian dollar strengthened against its major counterparts in the Asian session on Friday, as most Asian shares rose on optimism about the U.S. stimulus package to mitigate the fallout from the coronavirus crisis. This offset negative sentiment after a report by the U.S. Labor Department showed...

The Indian rupee drifted higher against the U.S. dollar in morning deals on Friday, after the Reserve Bank of India reduced its key interest rates unexpectedly and unveiled measures to improve liquidity to mitigate the economic downturn caused by the spread of coronovirus. The repo rate was cut by...

The U.S. dollar lost ground against its major counterparts in early New York deals on Thursday, as first-time claims for unemployment benefits soared to an all-time high last week amid the Covid-19 pandemic shut down in large parts of the U.S. economy. Data from the Labor Department showed that initial...

The pound showed mixed trading against its major counterparts in the European session on Thursday, after the Bank of England retained its record low interest rate and asset purchase programme, after easing monetary policy at an unscheduled meeting last week. The Monetary Policy Committee voted unanimously...

At 8.30 am ET Thursday, U.S. GDP data for the fourth quarter and weekly jobless claims for the week ended March 21 has been released. After the data, the greenback changed little against its major counterparts. The greenback was trading at 1.0944 against the euro, 109.77 against the yen, 0.9706...

At 8.30 am ET Thursday, U.S. GDP data for the fourth quarter and weekly jobless claims for the week ended March 21 are due. Ahead of the data, the greenback dropped against its major counterparts. The greenback was worth 1.0940 against the euro, 109.75 against the yen, 0.9711 against the franc...

As expected, the Bank of England held its key rate at 0.1 percent and asset purchase plan at GBP 645 billion. The pound changed little against its major rivals after the decision. The pound was trading at 1.1966 against the greenback, 131.26 against the yen, 1.1610 against the franc and 0.9155 against...

At 8.00 am ET Thursday, the Bank of England publishes the outcome of the monetary policy meeting. Economists expect the bank to retain its record low interest rate and to expand asset purchase programme to GBP 635 billion from GBP 435 billion. The pound traded mixed against its major rivals before...

The U.S. dollar declined against its major counterparts in early European deals on Thursday, as investors await U.S. jobless claims later in the day, which reflects the impact of the pandemic. Consensus estimates suggest that 1.6 million people may have filed unemployment claims in the week ended...

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