Loonie Rises After BoC Decision

RTTNews | 810 days ago
Loonie Rises After BoC Decision

(RTTNews) - The Bank of Canada raised its key rate by 25 basis points to 4.75 percent unexpectedly. Following the decision, the loonie advanced against its major counterparts.

The loonie was trading at 1.3446 against the greenback, 104.58 against the yen, 0.8851 against the aussie and 1.4351 against the euro around 10:05 am ET.

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Antipodean Currencies Traded Higher Amid Risk-on Mood

Antipodean Currencies Traded Higher Amid Risk-on Mood

The antipodean currencies such as the Australia and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, as Asian stock markets traded higher, on an improved outlook for interest rates after US Fed Chair Jerome Powell's dovish comments at the conference in Jackson Hole on Friday. Powell said economic risks are 'shifting' and a rate cut may be warranted.
RTTNews | 18h 52min ago
U.S. Dollar Rises Ahead Of Fed's Powell Speech

U.S. Dollar Rises Ahead Of Fed's Powell Speech

The U.S. dollar strengthened against other major currencies in the European session on Friday, as traders expect speech by Fed Chair Jerome Powell at the Jackson Hole Symposium.
RTTNews | 3 days ago
Yen Falls Amid BoJ Uncertainty

Yen Falls Amid BoJ Uncertainty

The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
RTTNews | 3 days ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | 4 days ago