Dollar Stays Weak Against Major Counterparts

RTTNews | 76 days ago
Stocktwits
Dollar Stays Weak Against Major Counterparts

(RTTNews) - The dollar drifted down on Tuesday, extending losses from previous session, amid concerns about the economic impact of trade war following the imposition of tariffs by U.S. on Canada, Mexico and China, and the retaliatory measures by China and Canada.

Trump announced that his administration will impose tariffs on agricultural products imported into America from April 2nd.

The dollar index dropped to 105.53, losing nearly 1.2%.

Against the Euro, the dollar weakened to 1.0627. The dollar weakened to 1.2795 against Pound Sterling.

The dollar slipped against the Japanese currency, dropping to 149.82 yen a unit. Against the Aussie, the dollar eased to 0.6271.

The Swiss franc gained against the dollar, firming to CHF 0.8895 a unit of the U.S. currency. The Loonie strengthened to 1.4394 against the dollar.

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Hong Kong Shares Due For Support On Tuesday

Hong Kong Shares Due For Support On Tuesday

The Hong Kong stock market has moved lower in three straight sessions, dropping more than 300 points or 1.3 percent along the way. The Hang Seng Index now sits just above the 23,330-point plateau although it may halt its slide on Tuesday.
RTTNews | 15 minutes ago
Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is trading significantly higher on Tuesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,300 level, with gains across most sectors led by technology, mining and financial stocks.
RTTNews | 30 minutes ago
Little Movement Seen For China Stock Market

Little Movement Seen For China Stock Market

The China stock market on Monday ended the two-day slide in which it had slipped more than 35 points or 1 percent. The Shanghai Composite Index now rests just above the 3,365-point plateau and it's likely to remain in that neighborhood again on Tuesday.
RTTNews | 30 minutes ago
Rebound Expected For Taiwan Stock Market

Rebound Expected For Taiwan Stock Market

The Taiwan stock market has finished lower in two of three trading days since the end of the four-day winning streak in which it had surged almost 1,250 points or 6.2 percent. The Taiwan Stock Exchange now sits just above the 21,520-point plateau although it figures to bounce higher again on Tuesday.
RTTNews | 1h 0min ago
Mild Upside Seen For Singapore Stock Market

Mild Upside Seen For Singapore Stock Market

The Singapore stock market on Monday snapped the two-day winning streak in which it had risen more than 25 points or 0.6 percent. The Straits Times Index now sits just above the 3,875-point plateau and it figures to remain rangebound again on Tuesday.
RTTNews | 1h 30min ago
Malaysia Stock Market May Tick Higher On Tuesday

Malaysia Stock Market May Tick Higher On Tuesday

The Malaysia stock market has ticked lower in three straight sessions, shedding more than 25 points or 1.8 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,555-point plateau although it may find traction on Tuesday.
RTTNews | 2h 0min ago
Japan Stock Market May Snap Losing Streak

Japan Stock Market May Snap Losing Streak

The Japanese stock market has moved lower in four straight sessions, dropping more than 700 points or 2 percent along the way. The Nikkei 225 now sits just beneath the 37,500-point plateau although it may stop the bleeding on Tuesday.
RTTNews | 2h 15min ago
South Korea Shares Likely To Remain Rangebound

South Korea Shares Likely To Remain Rangebound

The South Korea stock market has moved lower in two of three trading days since the end of the three-day winning streak in which it had advanced more than 60 points or 2.4 percent. The KOSPI now sits just above the 2,600-point plateau and it's expected to hold steady in that neighborhood again on Tuesday.
RTTNews | 2h 30min ago
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