Australian Dollar Falls Against Majors

RTTNews | 403 days ago
Australian Dollar Falls Against Majors

(RTTNews) - The Australian dollar weakened against other major currencies in the Asian session on Friday.

The Australian dollar fell to nearly a 2-week low of 0.6592 against the U.S. dollar and more than a 3-week low of 1.6395 against the euro, from yesterday's closing quotes of 0.6606 and 1.6366, respectively.

The aussie slipped to 103.50 against the yen, from yesterday's closing value of 103.65.

Against the Canada and the New Zealand dollars, the aussie edged down to 0.9055 and 1.0818 from Thursday's closing quotes of 0.9067 and 1.0826, respectively.

If the aussie extends its downtrend, it is likely to find support around 0.64 against the greenback, 1.65 against the euro, 101.00 against the yen, 0.89 against the loonie and 1.07 against the kiwi.

read more
Safe-Haven JPY Rises As Trader's Remain Cautious

Safe-Haven JPY Rises As Trader's Remain Cautious

The safe haven Japanese yen strengthened against other major currencies in the pre-European session on Monday, as traders remain cautious amid renewed optimism about new trade deals after U.S. President Donald Trump indicated he does not think he will need to extend the July 9 deadline for countries to secure trade deals with the US. Trump also indicated the U.S. had signed an agreement with China.
RTTNews | 22h 41min ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the pre-European session on Monday.
RTTNews | 23h 30min ago
U.S. Dollar Advances After Hot PCE Data

U.S. Dollar Advances After Hot PCE Data

The U.S. dollar strengthened against its major counterparts in the New York session on Friday, after a data showed that the Federal Reserve's preferred gauge of inflation accelerated in May.
RTTNews | 3 days ago
Canadian Dollar Rises Amid Risk Appetite

Canadian Dollar Rises Amid Risk Appetite

The Canadian dollar advanced against its major counterparts in the New York session on Thursday, as U.S. President Donald Trump's criticism of the Fed Chair raised the prospects of an early rate cut.
RTTNews | 4 days ago
Yen Rises Amid BoJ Rate Hike Prospects

Yen Rises Amid BoJ Rate Hike Prospects

The Japanese yen strengthened against other major currencies in the European session on Thursday, as traders speculate that the Bank of Japan is likely to increase its interest rate in light of indications that inflation is broadening in Japan.
RTTNews | 4 days ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the European session on Thursday.
RTTNews | 4 days ago
U.S. Dollar Slides As Donald Trump Proposes Appointing New Fed Chair Early

U.S. Dollar Slides As Donald Trump Proposes Appointing New Fed Chair Early

The U.S. dollar weakened against other major currencies in the Asian session on Thursday, as financial markets reacted apprehensively to mounting worries about the future independence of the U.S. Federal Reserve. The drop came as news broke that President Donald Trump is thinking of replacing Fed Chair Jerome Powell before the November elections.
RTTNews | 5 days ago
Euro Advances Against Majors

Euro Advances Against Majors

The euro strengthened against other major currencies in the Asian session on Thursday, as investors evaluated the Middle East's efforts to reduce tensions and Chief Jerome Powell's cautionary comments during his second congressional hearing.
RTTNews | 5 days ago