EUR/USD
Cyprus won the 10-billion euro ($13.7 billion) lifeline in March in return for pledging to tighten its budget, force losses on uninsured depositors at the country’s two largest banks and impose the euro area’s first capital controls. Under the agreement Bank of Cyprus, the country’s biggest bank, absorbed the second-biggest lender, Cyprus Popular Bank. Bank of Cyprus’s net loss widened to 2.21 billion euros in 2012 from a 1.36 billion-euro loss in 2011. Provisions climbed to 2.3 billion euros from 426 million euros. Euro had little changed.EUR/USD Hour Chart" title="EUR/USD Hour Chart" width="624" height="468" src="https://d1-invdn-com.akamaized.net/content/picaa9daa780b6f904255765ad787d3a056.png">
GBP/USD
The pound rose the most in five weeks versus the dollar as investors bet the U.S. debt-ceiling debate will prompt the Federal Reserve to maintain asset purchases that tend to weaken a currency. Sterling strengthened for the first time in three weeks against the euro as data showed U.K. retail sales increased more than analysts forecast last month and jobless claims fell in September by the most in 16 years, signaling the U.K. economy is gaining momentum.GBP/USD Hour Chart" title="GBP/USD Hour Chart" width="624" height="468" src="https://d1-invdn-com.akamaized.net/content/picbe342c4c0537b6f25291e0cedebd3929.png">
USD/JPY
The yen weakened after the data were released and was trading at 98.07 per dollar, Japan’s exports increased less than economists forecast in September, underscoring the challenge for Prime Minister Shinzo Abe in sustaining momentum in the world’s third-biggest economy. “Exports will probably hold steady toward the end of the year, supported by the effects of the weak yen,” Minoru Nogimori, an economist at Nomura Securities Co. in Tokyo, said before the report.USD/JPY Hour Chart" title="USD/JPY Hour Chart" width="624" height="468" src="https://d1-invdn-com.akamaized.net/content/pic032a2a567710cc10eed2e5614417cfc0.png">
USD/CAD
The Canadian dollar rose against the U.S. dollar on speculation the 16-day closure may lead the Federal to delay tapering its bond-buying program. A government report showed inflation remained at the low end of the Bank of Canada’s target band. The central bank is forecast to retain its 1 benchmark interest rate target at a policy meeting Oct. 23.USD/CAD Hour Chart" title="USD/CAD Hour Chart" width="624" height="468" src="https://d1-invdn-com.akamaized.net/content/picecc371debdf4343e306473dffd6c9149.png">