U.S. Dollar Rises Against Majors

RTTNews | 120天前
U.S. Dollar Rises Against Majors

(RTTNews) - The U.S. dollar recovered against its major counterparts in the New York session on Wednesday.

Trump's delay in the implementation of tariffs weighed on the currency in the previous session.

Trump signaled imposition of tariffs on imports from Canada and Mexico, but refrained from enacting a policy.

The greenback recovered to 1.0411 against the euro and 0.6263 against the aussie, from its early multi-week lows of 1.0457 and 0.6295, respectively.

The greenback rebounded to 1.2307 against the pound and 0.9075 against the franc, from its early multi-week lows of 1.2375 and 0.9032, respectively.

The greenback recovered to 0.5659 against the kiwi and 1.4391 against the loonie, off its early lows of 0.5687 and 1.4301, respectively.

The greenback touched a 2-day high of 156.57 against the yen.

The currency is seen facing resistance around 1.03 against the euro, 0.61 against the aussie, 1.21 against the pound, 0.93 against the franc, 0.55 against the kiwi, 1.45 against the loonie and 160.00 against the yen.

read more
U.S. Dollar Firms On Deficit Concerns

U.S. Dollar Firms On Deficit Concerns

The U.S. dollar was higher against its most major counterparts in the New York session on Thursday, as treasury yields soared amid concerns about the fiscal impact of President Donald Trump's tax bill.
RTTNews | 11小时23分钟前
Euro Weakens After German Composite PMI Falls

Euro Weakens After German Composite PMI Falls

The euro weakened against other major currencies in the European session on Thursday, following the release of Germany's composite output index for May.
RTTNews | 17小时43分钟前
Euro Falls Against Majors

Euro Falls Against Majors

The euro weakened against other major currencies in the Asian session on Thursday.
RTTNews | 18小时33分钟前
Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday on increased risk-off sentiment, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets.
RTTNews | 1天前
Pound Advances After U.K. Inflation Data

Pound Advances After U.K. Inflation Data

The pound was higher against its major counterparts in the New York session on Wednesday, after data showing an acceleration in consumer price inflation in the month of April.
RTTNews | 1天前
U.S. Dollar Falls Amid Risk-on Mood, Fed Rate Cut Bet

U.S. Dollar Falls Amid Risk-on Mood, Fed Rate Cut Bet

The U.S. dollar weakened against other major currencies in the Asian session on Wednesday amid increased risk-on mood, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Furthermore, growing market acceptance that the Federal Reserve (Fed) will lower interest rates further this year amid evidence of diminishing inflationary pressure and a dismal growth forecast, also pushed the USD lower.
RTTNews | 1天前