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Canadian Dollar Extends Gains After Inflation Data

RTTNews | 579 दिनों पहले

Canadian Dollar Extends Gains After Inflation Data

(RTTNews) - The Canadian dollar extended gains in the New York session on Tuesday, as the nation's annual inflation rose in line with estimates in December.

Data from Statistics Canada showed that the consumer price index rose 3.4 percent year-on-year in December, following a 3.1 percent increase in November. The rate matched expectations.

On a seasonally adjusted monthly basis, consumer prices moved up 0.3 percent, the same rate as seen in the previous month.

Core CPI, excluding food and energy, eased to 0.2 percent from 0.3 percent last month.

The loonie climbed to a 5-day high of 108.98 against the yen and a 1-1/2-month high of 0.8883 against the aussie, off its early lows of 108.26 and 0.8946, respectively.

The loonie rose to a 4-day high of 1.4634 against the euro, from an early nearly 5-week low of 1.4726.

The loonie recovered to 1.3444 against the greenback, reversing from an early nearly 5-week low of 1.3500.

The loonie may find resistance around 110.00 against the yen, 0.875 against the aussie, 1.44 against the euro and 1.30 against the greenback.

टैग: AUDCAD USDCAD EURCAD CADJPY

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Yen Rises As Japan Economy Expands In Q2

Yen Rises As Japan Economy Expands In Q2

The Japanese yen strengthened against other major currencies in the Asian session on Friday, after Japan's gross domestic product expanded on quarter in the second quarter of 2025.

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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 | 2 दिनों पहले

Australian Dollar Advances On Robust Employment Data

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.

RTTNews | 3 दिनों पहले

Yen Rises Amid BoJ Rate Hike Expectation

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.

RTTNews | 3 दिनों पहले

Australian Dollar Advances Against Some Majors

Australian Dollar Advances Against Some Majors

The Australian dollar strengthened against some major counterparts in the Asian session on Thursday.

RTTNews | 3 दिनों पहले

Yen Rises Against Majors

Yen Rises Against Majors

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

RTTNews | 3 दिनों पहले

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 | 4 दिनों 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 | 4 दिनों पहले

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