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Canadian Dollar Climbs Amid Risk Appetite

RTTNews | 113 दिनों पहले

Canadian Dollar Climbs Amid Risk Appetite

(RTTNews) - The Canadian dollar advanced against its major counterparts in the New York session on Tuesday, as investor sentiment improved after Treasury Secretary Scott Bessent said that the trade war between the US and China may de-escalate.

Bessent said that the standoff with China is unsustainable and that he expects de-escalation of trade war.

Bessent noted that while formal negotiations have not commenced, the situation may de-escalate.

Bessent's comments fueled hopes that a deal ending the trade war between the U.S. and China is possible.

Stock markets rallied after Bessent's comments, with the S&P 500 rallying 2% on the day.

The loonie recovered to 1.3796 against the greenback, 102.46 against the yen and 0.8811 against the aussie, from an early 4-day low of 1.3860, nearly 2-year low of 101.26 and nearly a 3-week low of 0.8889, respectively. The currency is poised to challenge resistance around 1.35 against the greenback, 106.5 against the yen and 0.86 against the aussie.

The loonie edged up to 1.5775 against the euro. The currency is seen finding resistance around the 1.54 level.

टैग: AUDCAD USDCAD EURCAD CADJPY

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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 | 7घंटे 45 मिनट पहले

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the European session on Wednesday.

RTTNews | 9घंटे 30 मिनट पहले

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 | 11घंटे 17 मिनट पहले

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 | 1 दिन पहले

Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Tuesday.

RTTNews | 1 दिन पहले

Canadian Dollar Falls Against Most Majors

Canadian Dollar Falls Against Most Majors

The Canadian dollar dropped against its most major counterparts in the New York session on Friday.

RTTNews | 4 दिनों पहले

U.S. Dollar Rises As Waller Emerges As Potential Fed Chair Successor

U.S. Dollar Rises As Waller Emerges As Potential Fed Chair Successor

The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as Federal Reserve governor Christopher Waller emerged as a top candidate to replace Chair Jerome Powell.

RTTNews | 5 दिनों पहले

Euro Rises Amid Trump's Tariff Implementations

Euro Rises Amid Trump's Tariff Implementations

The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.

RTTNews | 6 दिनों पहले

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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.