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Yen Rises Against Majors
(RTTNews) - The Japanese yen strengthened against other major currencies in the European on Tuesday.
The yen rose to 5-day highs of 162.01 against the euro and 173.39 against the Swiss franc, from early lows of 162.95, 191.35 and 174.84, respectively.
Against the U.S., the New Zealand and the Canadian dollars, the yen advanced to 5-day highs of 144.28, 86.02 and 104.22, respectively.
If the yen extends its uptrend, it is likely to find resistance around 160.00 against the euro, 188.00 against the pound, 171.00 against the franc, 140.00 against the greenback, 83.00 against the kiwi and 101.00 against the loonie.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.
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Pound Falls Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Antipodean Currencies Rise As Traders Await U.S. PCE Inflation Data
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, as traders await the July Personal Consumption Expenditures (PCE) price index due later in the day.
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NZ Dollar Advances Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the European session on Thursday.
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U.S. Dollar Falls Amid Fed Rate Cut Speculation
The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Thursday.
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Euro Falls Amid Political Uncertainty
The euro weakened against other major currencies in the European session on Wednesday, as trader's concern about the collapse of France's government.
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