The Canadian dollar advanced against the currencies of U.S and Japan during early European deals on Wednesday as investors await Canada’s GDP report for April. However, the Canadian dollar pared its recent gains against the euro. The Canadian GDP report has been slated for release at 8:30 am ET. The Canadian dollar advanced against the
In early European session on Wednesday, the British pound plummeted against its major counterparts despite a rise in regional stocks. The pound fell to a 2- 1/2 -month low against the franc, fresh multi-week low against the yen, 5-day low against the dollar and a 2-day low against the euro. Despite a slide in Asian
Tuesday in Asia, the yen soared against other major currencies as a slide in Asian stocks boosted demand for the safe-haven Japanese currency. The yen climbed to a 4-day high against the pound and the franc and fresh multi-week highs against the rest of majors. Asian stocks fell today on signs that the global economic
The euro has been extending its downtrend against other major currencies during early North American session on Monday despite most of the regional stocks gained. The euro tumbled to more than a 1-1/2-year low against the pound and a fresh record low against the franc. At 9:39 am ET, U.K’s benchmark FTSE 100 index was
Monday, the New Zealand dollar slipped against other major currencies on the back of a slide in regional stocks and a dismal domestic business confidence data. The kiwi fell to a 5-day low against the aussie. New Zealand’s benchmark NZX 50 index closed at 3,008.41 – down 25.70 points or 0.85% over its previous close.
