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Canadian Dollar Climbs As Oil Prices Soar

RTTNews | 599 दिनों पहले

Canadian Dollar Climbs As Oil Prices Soar

(RTTNews) - The Canadian dollar advanced against its major counterparts in the New York session on Friday, as oil prices surged following the imposition of sanctions by the U.S. on shipping companies that violated the G7's price cap.

Crude for November delivery rose $3.43 to 86.34 per barrel.

The U.S. imposed sanctions on owners of tankers, which transported Russian crude oil above the West's price cap of $60 a barrel.

The loonie strengthened to a 10-day high of 1.4329 against the euro and a fresh 2-week high of 0.8584 against the aussie, from its early lows of 1.4439 and 0.8664, respectively.

The loonie rose to 1.3636 against the greenback and 109.74 against the yen, up from an early low of 1.3694 and a 2-day low of 109.29, respectively.

The currency is seen facing resistance around 1.41 against the euro, 0.84 against the aussie, 1.34 against the greenback and 113.00 against the yen.

टैग: AUDCAD USDCAD EURCAD CADJPY

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Antipodean Currencies Slide As China Manufacturing Activity Contracts

Antipodean Currencies Slide As China Manufacturing Activity Contracts

The antipodean currencies such as the Australia and the New Zealand dollars weakened against other major currencies in the Asian session on Tuesday, after China's manufacturing activity contracted for the first time in eight months in May as the rise in US trade tariff damped export orders.

RTTNews | 13घंटे 32 मिनट पहले

U.S. Dollar Falls On Re-escalating US-China Trade Tensions

U.S. Dollar Falls On Re-escalating US-China Trade Tensions

The U.S. dollar weakened against other major currencies in the European session on Monday, as U.S. President Donald Trump's decision to double tariffs on steel and aluminum imports along with rising Sino-U.S. tensions threatened to rekindle global trade tensions.

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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 Monday.

RTTNews | 1 दिन पहले

Yen Rises On Strong Tokyo Core Inflation Data

Yen Rises On Strong Tokyo Core Inflation Data

The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Tokyo's core inflation data came in stronger than expected, increasing the chances of the Bank of Japan's (BoJ) 25 basis point rate hike in July.

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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.

RTTNews | 4 दिनों पहले

U.S. Dollar Falls After Tariff Ruling

U.S. Dollar Falls After Tariff Ruling

The U.S. dollar weakened against its major counterparts in the New York session on Thursday, as a federal court ruled against Trump's tariffs, dealing a blow to a key part of his economic agenda.

RTTNews | 5 दिनों पहले

Yen Falls As U.S. Court Blocks Trump's Tariffs

Yen Falls As U.S. Court Blocks Trump's Tariffs

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after a U.S. federal court blocked U.S. President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority.

RTTNews | 5 दिनों पहले

Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.

RTTNews | 5 दिनों पहले

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