The dollar is turning in a mixed performance against its major rivals Friday afternoon. The U.S. currency is rising against the British pound, falling against the Japanese Yen and nearly flat in comparison to the Euro. Investors were left to process a number of U.S. economic reports this morning, the results of which were mixed.
The Japanese yen strengthened against the other major currencies in the Asian session on Tuesday. The yen rose to 1-week highs of 112.75 against the U.S. dollar and 113.35 against the Swiss franc, from yesterday’s closing quotes of 113.43 and 113.91, respectively. Against the euro, the yen advanced to a 4-day high of 124.24 from
The dollar is losing ground against the Euro and the Japanese Yen Friday afternoon, but is up against the British pound. Investors were inundated with U.S. economic data this morning, after a trading week that had been extremely light on data. Once they were able to sift through the numerous reports, what they discovered was
The Canadian dollar weakened against the other major currencies in the Asian session on Friday as oil prices declined, extending the brutal recent losses amid rising U.S. inventories. Crude oil for January delivery are currently down $0.18 to $34.77 a barrel. Oil futures settled below $35 a barrel for the first time in six years
The British pound weakened against the other major currencies in the early European session on Wednesday. The pound fell to a 1-week low of 0.7057 against the euro and a 5-day low of 1.5435 against the Swiss franc, from early highs of 0.7040 and 1.5485, respectively. Against the U.S. dollar and the yen, the pound