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The U.S. dollar gave up its early gains against its key counterparts in the New York session on Friday, after Federal Reserve Chair Jerome Powell reiterated that the central bank would act as appropriate to sustain the economic expansion. Speaking at annual Economic Policy Symposium in Jackson Hole,...

After the release of U.S. new home sales for July at 10:00 am ET Friday, the greenback inched down against its major counterparts. The greenback was trading at 106.50 against the yen, 0.9840 against the franc, 1.2237 against the pound and 1.1077 against the euro around 10:03 am ET.

The Australian dollar declined against its major counterparts in the European session on Friday, as investor sentiment deteriorated after China announced plans to take countermeasures against the Trump administration in response to planned tariff hike by the U.S. Bejing announced that it would impose...

After the release of Canada retail sales for June at 8:30 am ET Friday, the loonie rose against its major counterparts. The loonie was trading at 79.85 against the yen, 0.8985 against the aussie, 1.3324 against the greenback and 1.4742 against the euro around 8:32 am ET.

Statistics Canada is set to release Canada retail sales for June at 8:30 am ET Friday. Ahead of the data, the loonie traded mixed against its major counterparts. While the loonie rose against the aussie, it fell against the greenback, the euro and the yen. The loonie was worth 79.89 against the...

The U.S. dollar strengthened against its major counterparts in early European deals on Friday, as investors await Fed Chairman Jerome Powell's speech at the Jackson Hole Symposium later today for additional clues about the outlook for interest rates. Powell will address on topic "Challenges of Monetary...

The pound strengthened against its major counterparts in the New York session on Thursday, after German Chancellor Angela Merkel remarked that she has not set a 30-day deadline for the U.K. to find a solution to the Irish "backstop." Merkel clarified that yesterday's comments were meant to hint that...

Following the release of Eurozone flash consumer sentiment index for August at 10:00 am ET Thursday, the euro changed little against its major counterparts. The euro was trading at 118.01 against the yen, 1.0904 against the franc, 0.9053 against the pound and 1.1093 against the greenback around 10:03 am ET.

The Canadian dollar strengthened against its major counterparts in the European session on Thursday, as oil prices rose following a U.S. government data showing a drop in US crude inventories. Crude for October delivery rose $0.41 to $56.09 per barrel. Data released by Energy Information Administration...

The U.S. weekly jobless claims for the week ended August 17 have been released at 8:30 am ET Thursday. The greenback changed little against its major rivals after the data. The greenback was trading at 106.57 against the yen, 0.9837 against the franc, 1.2157 against the pound and 1.1081 against the...

The U.S. weekly jobless claims for the week ended August 17 are due at 8:30 am ET Thursday. Ahead of the data, the greenback traded mixed against its major rivals. While the greenback fell against the pound, it rose against the rest of major rivals. The greenback was worth 106.55 against the yen,...

Following the release of the European Central Bank's accounts of the monetary policy meeting of the Governing Council held on July 24 and 25 at 7.30 am ET Thursday, the euro changed little against its major rivals. The euro was trading at 117.90 against the yen, 1.0885 against the franc, 0.9113 against...

At 7.30 am ET Thursday, the European Central Bank is slated to publish the accounts of the monetary policy meeting of the Governing Council held on July 24 and 25. Ahead of the release, the euro slipped against its major rivals. The euro was worth 117.92 against the yen, 1.0885 against the franc,...

The euro was higher against its most major counterparts in the early European session on Thursday, as the euro area private sector expanded more than forecast in August, reducing fears over recession. Flash survey data from IHS Markit showed that the composite output index rose unexpectedly to 51.8...

IHS Markit has released Eurozone composite PMI data at 4:00 am ET Thursday. The euro changed little against its major counterparts after the data. The euro was trading at 118.25 against the yen, 1.0915 against the franc, 0.9145 against the pound and 1.1109 against the greenback around 4:03 am ET.

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