Australian Dollar Rises Against Majors
(RTTNews) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
The Australian dollar rose to more than a 2-month high of 0.6652 against the U.S. dollar and more than a 2-week high of 104.03 against the yen, from yesterday's closing quotes of 0.6624 and 103.68, respectively.
Against the euro and the Canadian dollar, the aussie advanced to a 6-day high of 1.6279 and an 8-day high of 0.9071 from Tuesday's closing quotes of 1.6326 and 0.9044, respectively.
If the aussie extends its uptrend, it is likely to find resistance around 0.67 against the greenback, 105.00 against the yen, 1.61 against the euro and 0.91 against the loonie.
read more
U.S. Dollar Higher As Rate Cut Bets Ease After Strong Jobs Data
The U.S. dollar firmed against its major counterparts in the New York session on Friday, as stronger-than-expected jobs data for May reduced hopes of an interest rate cut by the Federal Reserve in September.
RTTNews
|
6h 54min ago
Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the European session on Friday.
RTTNews
|
17h 10min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews
|
19h 17min ago
Euro Strengthens After ECB Rate Cut
The euro firmed against its major counterparts in the New York session on Thursday, as the European Central Bank cut interest rates by 25 basis points as widely expected, but did not provide clues on rate cut path in the future.
RTTNews
|
1 day ago
Antipodean Currencies Rise Amid Risk Appetite
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the Asian session on Thursday amid risk appetite, following the broadly positive cues from global markets overnight, amid optimism about the outlook for U.S. interest rates after a report showed U.S. private sector job growth slowed by more than expected in the month of May. Treasury yields also extended the recent downward trend.
RTTNews
|
1 day ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews
|
1 day ago
Canadian Dollar Drops As BoC Cuts Interest Rates
The Canadian dollar declined against its major counterparts in the New York session on Wednesday, as the Bank of Canada lowered interest rates by 25 basis points.
RTTNews
|
2 days ago
Yen Falls As European Shares Gain
The Japanese yen weakened against other major currencies in the European session on Wednesday, as investors looked ahead to Thursday's ECB meeting and the release of U.S. labor market data on Friday for directional cues.
RTTNews
|
2 days ago
