Australian Dollar Falls Against Majors

RTTNews | 647 days ago
Australian Dollar Falls Against Majors

(RTTNews) - The Australian dollar weakened against other major currencies in the late Asian session on Tuesday.

The Australian dollar fell to a 1-week low of 0.6417 against the U.S. dollar and a 5-day low of 1.6814 against the euro, from yesterday's closing quotes of 0.6458 and 1.6704, respectively.

Against the Canadian dollar and the yen, the aussie dropped to 4-day lows of 0.8738 and 94.13 from yesterday's closing quotes of 0.8776 and 94.59, respectively.

The aussie edged down to 1.0849 against the NZ dollar, from Monday's closing value of 1.0870.

If the aussie extends its downtrend, it is likely to find support around 0.62 against the greenback, 1.72 against the euro, 0.85 against the loonie, 92.00 against the yen and 1.07 against the kiwi.

read more
Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven CHF, JPY Rises

Antipodean Currencies Slide Amid Risk-off Mood; Safe-haven CHF, JPY Rises

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Friday, amid heightening geopolitical tensions in the Middle East region after Israel launched a preemptive strike against Iran in a major escalation of the regional conflict. U.S. officials confirmed that the U.S. had no involvement or role in the operation. Tensions between the U.S. and Iran are also rising over the latter's nuclear developments.
RTTNews | 10h 9min ago
U.S. Dollar Weakens After Soft PPI Data

U.S. Dollar Weakens After Soft PPI Data

The U.S. dollar dropped against its major counterparts in the New York session on Thursday, as soft producer inflation data for May raised hopes of a rate cut by the Federal Reserve.
RTTNews | 23h 19min ago
Euro Rises Amid Risk-on Mood

Euro Rises Amid Risk-on Mood

The euro strengthened against other major currencies in the European session on Wednesday amid increased risk-on mood, as investors monitored the latest updates from Sino-U.S. talks and awaited crucial U.S. inflation data for direction. After two days of discussions in London, U.S. and Chinese officials have agreed on a limited framework to put their trade truce back on track.
RTTNews | 2 days ago
Euro Rises Against Majors

Euro Rises Against Majors

The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews | 2 days ago