Advertisement
NZ Dollar Slides Against Majors
(RTTNews) - The New Zealand dollar weakened against other major currencies in the early European session on Tuesday.
The NZ dollar fell to a 10-month low of 0.5879 against the U.S. dollar, from an early high of 0.5939.
Against the yen and the euro, the kiwi slid to a 1-week low of 86.44 and a 5-day low of 1.8306 from early highs of 87.03 and 1.8173, respectively.
Moving away from an early high of 1.0836 against the Australian dollar, the kiwi edged down to 1.0878.
If the kiwi extends its downtrend, it is likely to find support around 0.57 against the greenback, 85.00 against the yen, 1.85 against the euro and 1.09 against the aussie.
read more
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
|
7h 15min ago
Commodity Currencies Slide Amid Rising Geopolitical Risks, Yen Rises
The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against other major currencies in the Asian session on Thursday, as rising geopolitical tensions in the Middle East weighed on market sentiment.
RTTNews
|
18h 0min ago
NZ Dollar Slides Against Most Majors
The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.
RTTNews
|
19h 38min ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
19h 49min ago
U.S. Dollar Declines After Softer-than-expected Inflation Data
The U.S. dollar dropped against its major counterparts in the New York session on Wednesday, as the consumer price index came in softer than expected in May.
RTTNews
|
1 day ago
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
|
1 day ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Wednesday.
RTTNews
|
1 day ago
Commodity Currencies Slide Amid Crude Oil Price Drop
The commodity currencies such as the Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Wednesday amid crude oil price drop, as markets awaited the outcome of US-China trade talks, which have yet to be approved by President Donald Trump, with China's poor oil demand and OPEC+ output increases weighing on the market.
RTTNews
|
1 day ago
