NZ Dollar Advances Against Some Majors
(RTTNews) - The New Zealand dollar strengthened against some major currencies in the Asian session on Thursday.
The NZ dollar rose to more than 2-month highs of 0.6141 against the U.S. dollar and 1.7738 against the euro, from yesterday's closing quotes of 0.6129 and 1.7766, respectively.
Against the Australian dollar, the kiwi advanced to more than a 3-week high of 1.0915 from Wednesday's closing value of 1.0931.
If the kiwi extends its uptrend, it is likely to find resistance around 0.63 against the greenback, 1.74 against the euro and 1.08 against the aussie.
read more
U.S. Dollar Declines As PCE Data Cements Rate Cut Bets
The U.S. dollar moved down against its major counterparts in the New York session on Friday, as the nation's consumer prices increased in line with economist estimates in April, raising the possibility of a rate cut from the Federal Reserve in September.
RTTNews
|
1 day ago
U.S. Dollar Falls Amid Downward Revision To GDP Data, Higher Jobless Claims
The U.S. dollar declined against its major counterparts in the New York session on Thursday, as economic growth slowed more than previously estimated in the first quarter and jobless claims edged up last week, raising expectations for an interest rate cut in the near future.
RTTNews
|
2 days ago
Commodity Currencies Fall Amid Risk Aversion
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, following the broadly negative cues from global markets overnight, as bond yields continued to spike amid uncertainty about the U.S. Fed's interest-rate moves ahead of key inflation data later in the week.
RTTNews
|
2 days ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
2 days ago
U.S. Dollar Rises Ahead Of U.S. Inflation Data
The U.S. dollar strengthened against most major currencies in the European session on Wednesday amid risk appetite, as traders looked ahead to the release of key inflation data this week for direction.
RTTNews
|
3 days ago
U.S. Dollar Rises Against Most Majors
The U.S. dollar strengthened against most major currencies in the European session on Wednesday.
RTTNews
|
3 days ago
U.S. Dollar Advances On Hawkish Fed Comments
The U.S. dollar rebounded against its major counterparts in the New York session on Tuesday, as Minneapolis Fed President Neel Kashkari suggested that more progress on inflation is needed to support a rate cut.
RTTNews
|
4 days ago
Antipodean Currencies Rise Amid Risk Appetite
Antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday amid risk appetite, following the broadly positive cues from the European markets overnight, as traders remain cautious ahead of key inflation readings from the U.S., Europe, Japan and Australia later in the week, which could help traders access the timing and pace of interest rate cuts this year.
RTTNews
|
4 days ago
