Dollar Recovers Ahead Of U.S. PPI
(RTTNews) - U.S. producer prices for May are due at 8:30 am ET Tuesday. Ahead of the data, the greenback rebounded against its major counterparts.
The greenback was worth 134.49 against the yen, 1.0451 against the euro, 1.2078 against the pound and 0.9944 against the franc at 8:25 am ET.
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Swiss Franc Declines Against Majors
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The euro weakened against other major currencies in the European session on Friday, as traders bet a possibility of an interest-rate cut by the European Central Bank (ECB) after data from Germany and the Eurozone showed that the business activity in the private sector contracted in November.
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Euro Falls Against Majors
The euro weakened against other major currencies in the European session on Friday.
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Pound Slides Against Majors
The British pound weakened against other major currencies in the European session on Friday.
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Yen Rises After BoJ Governor Ueda Comments
The Japanese yen strengthened against other major currencies in the late Asian session on Thursday, after the Bank of Japan (BoJ) indicated that the bank is prepared to raise rates once more, if the economy and prices move in line with its forecast.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the late Asian session on Thursday.
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Euro Declines Amid Ukraine-Russia Tensions
The euro dropped against its major counterparts in the New York session on Wednesday, amid growing geopolitical tensions after Ukraine's use of Storm Shadow missiles supplied by Britain in Russia.
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