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Canadian Dollar Extends Gain Against Majors
(RTTNews) - The Canadian dollar extended gains against its major counterparts in the New York session on Wednesday.
The loonie climbed to more than a 6-month high of 1.3776 against the greenback and a 2-day high of 103.75 against the yen.
The loonie advanced to near a 3-week high of 1.5625 against the euro and a 1-week high of 0.8797 against the aussie.
The loonie is seen finding resistance around 1.35 against the greenback, 105.00 against the yen, 1.53 against the euro and 0.86 against the aussie.
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Australian Dollar Advances On Robust Employment Data
The Australian dollar strengthened against some major counterparts in the Asian session on Thursday, after data showed that the Australia's unemployment rate dropped in July and employment increased sharply, suggesting that the labor market conditions remain strong.
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Yen Rises Amid BoJ Rate Hike Expectation
The Japanese yen strengthened against other major currencies in the Asian session on Thursday, as the Bank of Japan (BoJ) raised its inflation outlook in July and kept the door open for an imminent interest rate hike by the end of current year.
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Australian Dollar Advances Against Some Majors
The Australian dollar strengthened against some major counterparts in the Asian session on Thursday.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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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.
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U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
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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.
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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.
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