The Japanese yen declined across the board on Friday morning in Asia as most Asian stocks recovered its earlier losses and trading higher today. The yen plunged to a 7-week low against the Swiss franc and multi-day lows against the currencies of the U.K., Europe, Canada, Australia and New Zealand. The low-yielding currencies like the
The U.S. dollar slid across the board against other major currencies during early North American session on Thursday. The dollar plunged to near a 7-month low against the yen and a new multi-month low against the Swiss franc. At the same time, the dollar fell to a 10-day low against the euro and eased from
In early European deals on Thursday, the pound tumbled to a fresh multi-month low against the Swiss franc and a 6-day low against the US dollar as U.K. stocks dropped on weak global cues and concerns about sustaining global economic recovery. The pound also declined against the euro, but it has been largely showing choppy
The US dollar bounced back from early morning session’s low of 7.6050 against the South African rand in New York afternoon deals on Wednesday. The greenback-rand pair that closed yesterday’s New York session at 7.6788, is now trading near 7.6587. The next upside target level for the US currency is seen at 7.6946. South Africa’s
The euro advanced against other major currencies during Wednesday’s European deals on the back of a rise in domestic stocks. The euro rose to a 2-day high against the U.S. dollar and the pound. Even though the Asian stocks closed the day in a negative territory, the European stocks opened the day higher. At 6:39
