Advertisement
Australian Dollar Falls Against Majors
(RTTNews) - The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
The Australian dollar fell to near 1-1/2-month lows of 94.87 against the yen and 1.8081 against the euro, from yesterday's closing quotes of 95.34 and 1.8038, respectively.
Against the U.S. and the Canadian dollars, the aussie slipped to nearly a 3-week low of 0.6429 and a 2-week low of 0.8925 from Tuesday's closing quotes of 0.6454 and 0.8949, respectively.
If the aussie extends its downtrend, it is likely to find support around 93.00 against the yen, 1.82 against the euro, 0.62 against the greenback and 0.87 against the loonie.
read more
Antipodean Currencies Traded Higher Amid Risk-on Mood
The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.
RTTNews
|
Před 8 h 59 min
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Monday.
RTTNews
|
Před 11 h 7 min
U.S. Dollar Rises Ahead Of Fed's Powell Speech
The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
RTTNews
|
Před 3 dny
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the European session on Friday.
RTTNews
|
Před 3 dny
Yen Falls Amid BoJ Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
RTTNews
|
Před 3 dny
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
Před 3 dny
Australian Dollar Falls Amid RBA Rate Cut Speculation
The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as traders expect two or more rate cuts if inflation continues to decline as anticipated.
Earlier this month, the Reserve Bank of Australia (RBA) lowered its cash rate to 3.60 percent from 3.85 percent, as widely expected.
RTTNews
|
Před 5 dny
Australian Dollar Falls Despite Upbeat Consumer Sentiment Data
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, despite Australia's consumer confidence improving to a three-and-a-half year high in August as the central bank is expected to lower interest rates further after a third reduction this year.
Data from Westpac-Melbourne Institute showed that consumer sentiment index rose to 98.5 in August from 93.1 in July. The improvement followed a further reduction in interest rates by the Reserve Bank of Australia. With the latest 25 basis points cut, interest rates dropped by 75 basis points since the start of the year.
RTTNews
|
Před 6 dny
