The dollar steadied against its major rivals after seeing notable weakness over the last couple days. The buck turned higher on the sterling and leveled off against the yen and euro after falling to multi-month lows against all three in recent days. Selling accelerated after Reuters and the University of Michigan reported that their consumer
In early European deals on Friday, the British pound weakened against other major currencies despite a rise in regional stocks. The pound fell to a 1- 1/2 -month low against the euro and a 3-day low against the yen. Around 6:13 am ET, U.K.’s benchmark FTSE 100 index gained 46.15 points or 0.9% to 5,256.83.
The euro advanced against other major currencies during Friday’s early European deals as investors bought the single currency after the European stocks opened the day in green. The euro rose to a near 3-week high against the franc, 4-day high against the pound and a new 2-month high against the dollar. Meanwhile, the euro recouped
In early European deals on Friday, the Canadian dollar slumped to a new multi-month low against the euro, 9-day low against the yen and an 8-day low against the greenback on the back of a slide in crude oil price. Oil slipped for a third day today towards $76 as stock markets in Asia declined
In early European deals on Thursday, the euro rose to a fresh 2-month high against the U.S. dollar. Meanwhile, the euro recovered slightly from a 2-day low against the yen and the franc. Asian stocks declined today on renewed worries after the Federal Reserve yesterday cut its growth forecast, U.S. retail sales declined and China’s
