Canadian Dollar Climbs Against Most Majors

RTTNews | 18h 5min ago
Canadian Dollar Climbs Against Most Majors

(RTTNews) - The Canadian dollar strengthened against most major currencies in the Asian session on Thursday.

The Canadian dollar rose to a 9-day high of 105.52 against the yen and a 3-day high of 1.5102 against the euro, from yesterday's closing quotes of 104.88 and 1.5124, respectively.

Against the U.S. dollar, the loonie edged up to 1.3591 from a recent 1-month low of 1.3648.

If the loonie extends its uptrend, it is likely to find resistance around 106.00 against the yen, 1.49 against the euro and 1.33 against the greenback.

read more
U.S. Dollar Rebounds After Jobless Claims Data

U.S. Dollar Rebounds After Jobless Claims Data

The U.S. dollar recovered against its major counterparts in the New York session on Thursday, after a data showed that first-time claims for unemployment benefits unexpectedly fell to a nearly four-month low in the week ended September 14.
RTTNews | 7h 54min ago
Commodity Currencies Rise As Asian Shares Traded Higher Amid Fed Rate Cuts

Commodity Currencies Rise As Asian Shares Traded Higher Amid Fed Rate Cuts

The Commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday, as the markets reacted positively after the U.S. Federal Reserve kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point reduction, expressing greater confidence about inflation and reiterating its commitment to supporting maximum employment.
RTTNews | 17h 4min ago
U.S. Dollar Slides Amid Fed Rate Cut Speculation

U.S. Dollar Slides Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the Asian session on Monday amid growing expectations of interest rate cuts by the Federal Reserve and other central banks.
RTTNews | 3 days ago
U.S. Dollar Weakens, Yen Rises Amid Fed Rate Cut Expectation

U.S. Dollar Weakens, Yen Rises Amid Fed Rate Cut Expectation

The U.S. dollar weakened against its major counterparts in the Asian session on Friday. In contrast, the Japanese yen strengthened against its peers, as investors are upbeat about the rising prospects of an interest rate cut by the U.S. Fed next week, and probability of a series of interest rate cuts before the end of the year, in the wake of recent data on U.S. inflation.
RTTNews | 6 days ago