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Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews | vor 1 Tagen
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
RTTNews | vor 2 Tagen
NZ Dollar Falls After RBNZ Rate Decision

NZ Dollar Falls After RBNZ Rate Decision

The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand's (RBNZ) widely anticipated decision to maintain rates constant.
RTTNews | vor 3 Tagen
NZ Dollar Retreats Against Majors

NZ Dollar Retreats Against Majors

The New Zealand dollar retreated from recent highs against other major currencies in the Asian session on Wednesday.
RTTNews | vor 3 Tagen
Antipodean Currencies Rise Amid Risk-on Mood; Yen Slides

Antipodean Currencies Rise Amid Risk-on Mood; Yen Slides

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as Asian markets traded higher following Trump's softened stance on tariff hikes.
RTTNews | vor 4 Tagen
Commodity Currencies Slide Amid Risk-off Mood

Commodity Currencies Slide Amid Risk-off Mood

The commodity-linked currencies such as the Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Monday, as Asian stock markets traded lower amid ongoing concerns about U.S. tariffs after U.S. President Donald Trump announced that his government will send letters to around 170 trading partners outlining new, simple unilateral tariffs that will take effect on August 1.
RTTNews | vor 5 Tagen