Waning geopolitical tensions helped bring the market's focus on corporate earnings.
The British pound rebounded from recent lows against other major currencies in the European session on Tuesday.
The pound rose to 1.2450 against the U.S. dollar and 1.1371 against the Swiss franc, from a recent 5-month low of 1.2409 and a 4-day low of 1.1336, respectively.
Against the yen and the...
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday amid risk aversion, as bond yields spiked after a report showed a much stronger than expected U.S. retail sales growth in March. The data led to...
The U.S. dollar strengthened against other major currencies in the Asian session on Tuesday.
The U.S. dollar rose to a 5-1/2-month high of 1.0605 against the euro and a 5-month high of 1.2416 against the pound, from yesterday's closing quotes of 1.0622 and 1.2444, respectively.
Against the Swiss...
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday.
The Canadian dollar fell to a 5-month low of 1.3814 against the U.S. dollar, from Monday's closing value of 1.3786.
Against the yen and the euro, the loonie edged down to 111.72 and 1.4656 from yesterday's...
The New Zealand dollar weakened against most major currencies in the Asian session on Tuesday.
The NZ dollar fell to a 5-month low of 0.5874 against the U.S. dollar and nearly a 2-week low of 90.65 against the yen, from Monday's closing quotes of 0.5903 and 91.08, respectively.
Against the euro,...
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
The Australian dollar fell to a 5-month low of 0.6408 against the U.S. dollar, from yesterday's closing value of 0.6441.
Against the euro and the Canadian dollar, the aussie slid to near...
The U.S. dollar was higher against its major counterparts in the New York session on Monday, as the nation's retail sales increased much more than expected in the month of March.
Retail sales climbed by 0.7 percent in March after advancing by an upwardly revised 0.9 percent in February.
Economists...
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Renewed uncertainty about Fed rate cuts triggered by hotter-than-expected inflation readings as well as escalating tensions in the Middle East, catalyzed the Dollar's massive climb during the week ended April 12.
The Canadian dollar moved up against its major counterparts in the European session on Monday.
The loonie rose to 1.3725 against the greenback and 1.4620 against the euro, off its early lows of 1.3781 and 1.4665, respectively.
The loonie advanced to near 2-week highs of 112.40 against the yen and...
The onset of the earnings season as well as the escalation in geopolitical tensions in the Middle East are the major themes that are swaying market sentiment now.
The Japanese yen weakened against other major currencies in the Asian session on Monday, as traders await possible currency intervention by the Japanese authorities to slow the currency decline.
Japanese Finance Minister Shunichi Suzuki said, "We are closely monitoring developments and will take all...
The Japanese yen weakened against other major currencies in the Asian session on Monday.
The yen fell to nearly a 34-year low of 153.86 against the U.S. dollar, from Friday's closing value of 153.28.
Against the euro, the pound and the Swiss franc, the yen slid to 163.92, 191.77 and 168.33 from...
The euro was lower against its most major counterparts in the New York session on Friday, as the likelihood of a reduction in key interest rates in June increased after monetary policy announcement from the European Central Bank on Thursday.
The ECB signalled a possible rate cut in June if its next...
The ECB's firm hints of an early rate cut and the Fed's hesitance to commence easing, both swayed market sentiment across markets.