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Euro Mixed Ahead Of German Trade Data
(RTTNews) - At 2:00 am ET Friday, Destatis is slated to issue Germany's foreign trade data for January. Exports are forecast to rebound 1.5 percent on month and imports to gain 2.0 percent in January.
Ahead of the data, the euro showed mixed trading against its major rivals. While the euro rose against the U.S. dollar, it held steady against the pound, the Swiss franc and the yen.
The euro was worth 0.8862 against the pound, 0.9978 against the Swiss franc, 1.0620 against the U.S. dollar and 144.87 against the yen at 1:55 am ET.
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Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
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5h 9min ago
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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6h 9min ago
Swiss Franc Rises Against Most Majors
The Swiss franc rallied against its most major counterparts in the New York session on Wednesday.
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19h 13min ago
Yen Falls As Traders Speculate BoJ Rate Hike Pause
The Japanese yen weakened against other major currencies in the late Asian session on Wednesday, as traders reduced their bets on an immediate interest rate hike by the Bank of Japan (BoJ) due to worries about the possible economic effects of US President Donald Trump's trade tariffs.
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1 day ago
U.S. Dollar Higher As Trump Delays Tariff Deadline
The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as President Donald Trump announced a delay in implementation of tariffs to August 1.
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1 day ago
Antipodean Currencies Rise Amid Risk-on Mood; Yen Slides
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as Asian markets traded higher following Trump's softened stance on tariff hikes.
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2 days ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
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2 days ago
Pound Climbs Against Most Majors
The pound firmed against its most major counterparts in the New York session on Monday.
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2 days ago
