NZ Dollar Rises Against Majors

RTTNews | 11 days ago
NZ Dollar Rises Against Majors

(RTTNews) - The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.

The NZ dollar rose to nearly a 2-week high of 93.49 against the yen, from yesterday's closing value of 93.28.

Against the U.S. dollar and the euro, the kiwi advanced to 2-day highs of 0.6010 and 1.7887 from early highs of 0.5993 and 1.7927, respectively.

The kiwi edged up to 1.0951 against the Australian dollar, from an early low of 1.0964.

If the kiwi extends its uptrend, it is likely to find resistance around 95.00 against the yen, 0.61 against the greenback, 1.77 against the euro and 1.08 against the aussie.

read more
Australian Dollar Rises As Asian Stock Markets Traded Higher

Australian Dollar Rises As Asian Stock Markets Traded Higher

The Australian dollar strengthened against other major currencies in the Asian session on Monday, as Asian stock markets traded higher, following the mixed cues from Wall Street on Friday, after recent economic data has generated optimism about an interest rate cut in the coming months, but comments from U.S. Fed officials have put a damper on some of the cheer. Announcement of fresh stimulus measures in China also boosted commodity prices.
RTTNews | 13h 22min ago
U.S. Dollar Lower On Rate Cut Expectations

U.S. Dollar Lower On Rate Cut Expectations

The U.S. dollar declined against its major counterparts in the New York session on Friday on growing expectations that the U.S. Federal Reserve could start cutting interest rates as early as September.
RTTNews | 3 days ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | 3 days ago
Antipodean Currencies Rise Amid Risk Appetite

Antipodean Currencies Rise Amid Risk Appetite

The Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Thursday amid risl appetite, as traders reacted positively to a closely watched report on U.S. consumer price inflation that showed a smaller-than-expected increase in the month of April to reinforce expectations the U.S. Fed will begin cutting interest rates in September.
RTTNews | 4 days ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 4 days ago
Soft Inflation Data, Retail Sales Pull Down U.S. Dollar

Soft Inflation Data, Retail Sales Pull Down U.S. Dollar

The U.S. dollar weakened against its major counterparts in the New York session on Wednesday, as consumer inflation data and retail sales came in lower than expected in April, strengthening expectations that the Federal Reserve will reduce interest rate in September.
RTTNews | 5 days ago