UK’s sterling rallied on Wednesday morning in Asia on the back of some encouraging economic reports from the region. The pound rose to a 2-day high against the dollar. The pound thus recouped some of its previous sessions’ losses. Political jitters pulled the pound down to its lowest level in more than 9-month against the
Wednesday, the Aussie pared the gains it made in early Asian deals against the currencies of US, Japan and Canada despite a rally in Asian stocks and an upbeat Australian GDP report. The Aussie thus eased from an 8-day high against the greenback. Meanwhile, the aussie remained lower against the euro and the kiwi in
The US dollar firmed up against its major rivals on Tuesday morning in Asia. The greenback thus recouped some of its previous session’s loss against most majors. Buoyed by a positive close on Wall Street overnight and some encouraging economic reports, Asian stock markets are mostly trading higher today. Though some of the markets in
In early European deals on Monday, the U.S. dollar pared its Asian session gains against the European majors as an advance in European stocks prompted investors to move away from safe-haven currencies. The dollar thus eased from a new multi-month high against the pound. Meanwhile, the dollar remained higher against the yen as the latter
The Australian and the New Zealand dollars strengthened against their major opponents on Friday morning in Asia as a rally in most Asian stocks fueled investors’ risk appetite. While the New Zealand dollar advanced to a weekly high against the Australian dollar and a 3-day high against the greenback, the aussie touched a 2-day high
