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Commodity Currencies Rise As Crude Oil Prices Climb

Commodity Currencies Rise As Crude Oil Prices Climb

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the European session on Monday, as the crude oil prices surged after the hostilities between the U.S. and Iran intensified raising the possibility of a full-scale conflict and closing the Strait of Hormuz to maritime traffic. Brent crude prices surged over 2 percent above $90 a barrel for the first time since mid-June after U.S. forces struck Iran for a ninth consecutive day and Iran retaliated by firing missiles toward Jordan that risked widening the conflict into neighboring Israel.
RTTNews | Před 10 dny
Commodity Currencies Rise As Crude Oil Prices Surge

Commodity Currencies Rise As Crude Oil Prices Surge

The commodity-linked currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Tuesday, as the crude oil prices surged amid intense attacks between the U.S. and Iran over the weekend, renewing Middle East tensions, fueling global inflationary and the possibility of higher interest rates. In addition, contrasting claims by both nations over control of the Strait of Hormuz led to a decline in vessel traffic.
RTTNews | Před 16 dny
Canadian Dollar Rises As Crude Oil Prices Climb

Canadian Dollar Rises As Crude Oil Prices Climb

The Canadian dollar strengthened against other major currencies in the Asian session on Monday, as the crude oil prices climbed after the military attacks between Iran and the United States over the weekend.
RTTNews | Před 17 dny
Yen Advances Against Majors

Yen Advances Against Majors

The yen strengthened against other major currencies in the Asian session on Friday.
RTTNews | Před 20 dny
Canadian Dollar Drops As Crude Oil Prices Slip

Canadian Dollar Drops As Crude Oil Prices Slip

The Canadian dollar weakened against other major currencies in the European session on Thursday, as the crude oil prices slipped due to increased geopolitical concerns in the Middle East.
RTTNews | Před 20 dny