Australian Dollar Rises Against Majors

RTTNews | hace 667
Australian Dollar Rises Against Majors

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

The Australian dollar rose to a 4-day high of 1.6635 against the euro, from Friday's closing value of 1.6700.

Against the U.S. and the Canadian dollars, the aussie advanced to 0.6328 and 0.8632 from last week's closing quotes of 0.6291 and 0.8592, respectively.

The aussie climbed to 94.56 against the yen, from Friday's closing value of 94.08.

Against the NZ dollar, the aussie edged up to 1.0686 from an early low of 1.0668.

If the aussie extends its uptrend, it is likely to find resistance around 1.62 against the euro, 0.64 against the greenback, 0.87 against the loonie, 97.00 against the yen and 1.08 against the kiwi.

read more
U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
RTTNews | hace 1h 23min
Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as the uncertainty about the likely time of the Bank of Japan's (BoJ) next interest rate hike and the increasing risk-on mood by the investors keeps the safe haven JPY declining.
RTTNews | hace 4h 55min
Australian Dollar Slides As RBA Cuts Key Interest Rate By 25 Bps

Australian Dollar Slides As RBA Cuts Key Interest Rate By 25 Bps

The Australian dollar weakened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia reduced its benchmark interest rate by a quarter-point as underlying inflation continued to soften and labor conditions eased slightly.
RTTNews | hace 1
Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews | hace 6