currency exchange rate

In early North American deals the US currency showed mixed trading versus its key counterparts. The dollar slipped to a 4-day low against the pound, while recovered from a 6-day low against the franc and the euro. At the same time, the dollar eased from a 4-day high against the yen.

During early European session the 16-nation currency extended its Asian deals uptrend as investors bought the European currency after the European finance ministers have agreed to put together a EUR 500 billion plan to ensure stability in the euro zone. Euro thus hit a 6-days high versus the US currency.

Monday, in early European trading, the UK sterling showed mixed presence across the board ahead of the Bank of England's interest rate decision announcement. The thus pound reached a 4-day high against the US dollar and the yen, but it fell to near a 3-week low against the euro. Meanwhile, the pound showed choppy trading against the franc.

In early European trading the US currency hit new multi-month highs against the euro and the franc as disappointing economic reports from Europe boosted demand for the safe-haven greenback. At the same time, the dollar rose from a 2-day low against the pound, but it slid from an 8-day high against the yen.

The single unit showed weakness in early European trading Friday, slumping to a 2-week low against the pound and a 1-week low against the franc shortly after a report showed that Germany’s economic growth unexpectedly stagnated in the fourth quarter of 2009.

In early European session Friday, the British pound ticked up steeply across the board. The sterling thus surged to a 2-week high against the euro, 8-day high against the yen, 1-week high against the Swiss franc and a 2-day high against the US dollar.

Monday, during early European session, the UK sterling gained ground vs its main rivals. Thus, pound jumped to a 1-week high against the greenback on the back of UK stocks strength. The pound also showed modest firmness against the yen and it recovered from early Asian session's 4-day low against the euro and a new multi-month low against the franc.

At 5:05 am ET, UK's FTSE 100 index was up 51.55 points or 0.94% at 5,587.24.

In early Asian trading Monday, the Japanese unit reflected mixed trading against its key counterparts. Plummeting to a new multi-month low against the franc, yen showed modest slide against the euro. At the same time yen rose to a 4-day high against the dollar due to across the board weakening of the latter. The yen also showed choppy trading against the pound.


The Japanese stock markets are closed today in observance of Coming of Age Day.

Monday, during early Asian deals, the alpine currency hit new multi-month highs against its main rivals, euro, pound and yen. The franc also touched a 5-week high against the greenback.


The Swiss franc, which closed last week's trading at 90.55 against the yen strengthened to a new 2 1/2 -month high of 90.83 in early Asian deals on Monday. The next upside target level for CHF/JPY pair is seen at 91.6.

During early Asian session Monday the US currency revealed weakness versus its main opponents.

The greenback, thus, slumped to a new multi-week low of 1.4496 against the euro around 7:40 pm ET, compared to last week's close of 1.4416. EUR/USD pair held steady thereafter and is currently quoted at 1.448 with 1.455 seen as the next target level.

 The UK’s leading prepaid card service provider Tuxedo Money Solutions in association with International Foreign Exchange (IFX) launched a unique prepaid card offering to customers who travel frequently and who make regular payments abroad.

The 16-nation currency revealed weakness against its major counterparts during Wednesday's early Asian deals, losing ground versus dollar, pound, franc and yen. 

Thus, by about 10:20 pm ET early in Asia euro touched a low of 1.3587 against its main rival, the US dollar. EUR/USD rally closed Tuesday's North American deals at the level of 1.3634.