During early European session on Thursday, the pound dropped against other major currencies as investors await the Bank of England’s interest rate announcement. While the pound plummeted to a new multi-month low against the franc and a 16-day low against the euro, it eased from a new multi-month high against the dollar and a new
The Japanese yen declined across the board in early Asian trading on Thursday. The yen tumbled to near a 2-month low of 83.94 against the Swiss franc by 8:30 pm ET and this may be compared to yesterday’s close of 83.41. On the downside, the Japanese unit may find support around the 85.60 level. Against
The Australian dollar registered strong gains against other major currencies during early North American session on Tuesday. The aussie rose to a 4-day high against the euro and the yen, 6-day high against the U.S. dollar and an 8-day high against the Canadian dollar. Today’s interest rate decision by the RBA was widely expected. RBA
U.K’s sterling staged a rebound from its previous session’s downtrend against most of its major rivals on Tuesday in early European trading as most European stock markets opened higher, which revived investors’ appetite for risk. The pound rose to a 4-day high against the dollar and the yen. As of 4:02 am ET, U.K.’s FTSE
The Swiss franc eased from multi-day highs against other major currencies during early European deals on Tuesday after the release of Switzerland’s Consumer Price Index report at 3:15 am ET. The franc eased from a 4-day high against the yen, 5-day high against the pound and near a 12-week high against the U.S. dollar. Meanwhile,
