JPY

In view of the recent news from the ECB the euro hit its 15-months high against the greenback and traded at 1.4390 in Asian trading hours.  

In view of the recent news from the ECB the euro hit its 15-months high against the greenback and traded at 1.4390 in Asian trading hours.  

Early European deals reflected US major to be sliding against its key counterparts.  The buck thus slumped to a 7-week low against the pound, a new multi-month low versus the euro, a fresh multi-year low against the franc and a 15-day low versus the yen.

The UK sterling exhibited mixed performance across the board during early European session on Thursday over drop in most European shares caused by fresh concerns about the euro-zone debt problems. The pound thus dropped to an 8-day low against the yen, while staying at a 2-day high against the euro and a session's high against the US dollar.

Early in Europe today, the 16-nation single pared it 2-days gains on renewed concerns about the European debt problems. The euro zone single thus fell to a 2-day low against the currencies of the US, the UK and Japan.

In early Asian deals on Thursday the Japanese unit appreciated across the board on weakness in most Asian stocks that prompted traders to seek for safe-haven currencies, like dollar and yen. The yen thus jumped to a 15-day high against its US and Canadian rivals, 1-week high against New Zealand dollar and a 2-day high against Australian dollar.

The alpine franc, depreciated across the board in early European session on Wednesday. The franc plunged to a 12-day low against the euro and it eased from an Asian session's 2 - 1/2 -year high against the dollar and a 5-day high against the yen.

Wednesday, in early European deals the 16-nation currency advanced, reaching new multi-month highs against its US and UK rivals on the back of a rise in European equities. The euro also climbed to a 12-day high against the franc and hovered near a 2-month high against the yen.

Early in Asia Wednesday, the Japanese unit that edged lower after the Bank of Japan released its quarterly Tankan survey report at 7:50 pm ET reversed direction shortly. The yen thus moved off slightly from a 2-month low against the euro and multi-day lows against the aussie, the kiwi and the franc.

In early European session today, the UK sterling recovered from its late Asian session's loss against other major currencies and spiked higher after a report showed at 4:30 am ET that the UK economy grew at its fastest pace in nine years in the second quarter of this year.

Monday, in early European session UK sterling slipped against most majors after finishing the previous session higher.

After edging up in the Asian session, the pound declined against its US counterpart in European deals today. As of now, the sterling is trading near 1.5818 versus the greenback. Cable was worth 1.5828 at last week's close.

In early European session today, the 16-nation currency lost some ground, slipping against its US, Japanese and Swiss counterparts despite a rise in European stocks. The euro thus eased from a 10-day high against the franc. At the same time, the euro broadly showed choppy trading against the pound.

During early Asian deals on Monday, the alpine franc depreciated across the board. 

Thus far, the Swiss franc dropped to a 4-day low of 85.50 against the yen around 9:05 pm ET, compared to last week's close of 85.60. On the downside, the Swiss currency may find support around the 84.0 level.

The US currency lost ground across the board in early trading on Friday, tumbling to a 2-day low against the euro, more than a 2-year low versus the Swiss franc and a 9-day low versus the yen.

The dollar, that closed yesterday's New York session at 1.3313 against the euro, plunged to a 2-day low of 1.3435 at about 6:00 am ET today.