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The U.S. dollar fell sharply against the euro, touching nearly a 2-month low, in the European session on Thursday, after a data showed that the economy contracted more than initially estimated in the first quarter due to the impact of economic shutdown amid coronavirus crisis. Data from the Commerce...

U.S. GDP data for the first quarter, weekly jobless claims for the week ended May 23 and durable goods orders for April have been released at 8:30 am ET Thursday. After these reports, the greenback changed little against its major counterparts. The greenback was trading at 107.78 against the yen,...

U.S. GDP data for the first quarter, weekly jobless claims for the week ended May 23 and durable goods orders for April are due at 8:30 am ET Thursday. Before these reports, the greenback held steady against its major counterparts. The greenback was worth 107.74 against the yen, 0.9701 against the...

At 8.00 am ET Thursday, Destatis has released Germany's preliminary inflation data for May. Following the data, the euro changed little against its major opponents. The euro was trading at 118.61 against the yen, 1.1011 against the greenback, 0.8982 against the pound and 1.080 against the franc around 8:03 am ET.

The Canadian dollar declined against its most major counterparts in the European session on Thursday, as oil prices dropped after an industry report showed a sharp build in inventories last week. Crude for July delivery fell $0.30 to $32.51 a barrel. Data from the American Petroleum Institute...

At 5.00 am ET Thursday, EU has published economic sentiment survey results. Following the data, the euro changed little against its major opponents. The euro was trading at 118.59 against the yen, 1.0999 against the greenback, 0.8974 against the pound and 1.0667 against the franc around 5:03 am ET.

At 5.00 am ET Thursday, EU releases euro area economic sentiment survey results. The economic confidence index is forecast to rise to 70.3 in May from 67.0 in April. Ahead of the data, the euro traded mixed against its major counterparts. While it dropped against the greenback and the yen, it held...

The Swiss franc dropped against its major counterparts in the early European session on Thursday. The franc weakened to 111.09 against the yen and 0.9705 against the dollar, from its early highs of 111.47 and 0.9674, respectively. Reversing from its early highs of 1.1863 against the pound and 1.0648...

The NZ dollar advanced against its most major counterparts in Asian session on Thursday. The kiwi edged up to 0.6207 against the greenback and 66.94 against the yen, from its early lows of 0.6173 and 66.53, respectively. The kiwi reversed from an early low of 1.7830 against the euro and gained...

The euro moved up against its key counterparts in the European session on Wednesday, as investors await a stimulus plan from the European Union to support the bloc from the economic downturn caused by the coronavirus pandemic. European Union Economy Commissioner Paolo Gentiloni said that the Commission...

The U.S. dollar appreciated against its key counterparts in the Asian session on Wednesday, amid rising tensions between Washington and Beijing after a media report that the Trump administration is mulling fresh sanctions on China. Bloomberg reported that the Treasury Department is weighing economic...

The pound drifted higher against its key counterparts in the European session on Tuesday, after the Bank of England's Chief Economist remarked that the latest economic data were "a shade better" than the scenario published by the central bank earlier this month and as the EU reportedly prepared to grant...

The Federal Housing Finance Agency's house price index and S&P/Case-Shiller home price index for March have been released at 9:00 am ET Tuesday. Following the data, the greenback changed little against its major counterparts. The greenback was trading at 107.45 against the yen, 0.9660 against the...

The U.S. dollar lost ground against its most major counterparts in the European session on Tuesday, as gradual reopening of businesses worldwide after the coronavirus-incurred economic lockdowns bolstered sentiment. While Spain decided to remove a two-week mandatory confinement for all travelers from...

The Australian and NZ dollars firmed against their major counterparts in the Asian session on Tuesday on optimism over economic recovery as countries such as Japan and Spain ease lockdown restrictions. News that U.S. biotech firm Novavax has commenced the first human trial of its experimental coronavirus...

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