Australian Dollar Rises Against Majors

RTTNews | hace 709
Australian Dollar Rises Against Majors

(RTTNews) - The Australian dollar strengthened against other major currencies in the Asian session on Friday.

The Australian dollar rose to a 4-day high of 0.6382 against the U.S. dollar and a 3-day high of 94.86 against the yen, from yesterday's closing quotes of 0.6369 and 94.58, respectively.

The aussie advanced to 1.6527 against the euro, from Thursday's closing value of 1.6556.

Against the Canada and the New Zealand dollars, the aussie edged up to 0.8746 and 1.0694 from yesterday's closing quotes of 0.8728 and 1.0672, respectively.

If the aussie extends its uptrend, it is likely to find resistance around 0.65 against the greenback, 97.00 against the yen, 1.62 against the euro, 0.88 against the loonie and 1.08 against the kiwi.

read more
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Friday.
RTTNews | hace 2
Antipodean Currencies Rise Amid Risk-On Mood

Antipodean Currencies Rise Amid Risk-On Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened their major currencies in the Asian session on Friday amid increased risk-on mood by the investors, as weaker than expected U.S. consumer price inflation and producer price inflation data as well as recent downbeat monthly jobs data have reinforced expectations of a U.S. Fed rate cut at next week's meeting.
RTTNews | hace 2
U.S. Dollar Rises As Traders Focus On U.S. CPI Data

U.S. Dollar Rises As Traders Focus On U.S. CPI Data

The U.S. dollar strengthened against other major currencies in the Asian session on Thursday, as traders await the U.S. Consumer Price Index (CPI) for August, which is scheduled for release later today.
RTTNews | hace 3
Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Wednesday, amid growing optimism about the outlook for interest rates after sharp downward revisions in U.S. jobs data and ahead of the release of the closely watched US inflation data later in the week. Currencies in the region also strengthened against the US dollar.
RTTNews | hace 4
U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the late Asian session on Tuesday, as traders remain optimistic about the outlook for interest rates following last week's weaker-than-expected US jobs data. They also remain cautious ahead of key U.S. inflation readings due later in the week that could influence the US Fed's rate trajectory.
RTTNews | hace 5