Advertisement
U.S. Dollar Falls Against Majors
(RTTNews) - The U.S. dollar weakened against other major currencies in the European session on Monday.
The U.S. dollar fell to a 5-day low of 1.2978 against the pound and nearly a 2-week low of 1.4343 against the Canadian dollar, from early highs of 1.2927 and 1.4381, respectively.
Against the euro and the Swiss franc, the greenback edged down to 1.0912 and 0.8822 from early highs of 1.0869 and 0.8848, respectively.
The greenback dropped to 148.42 against the yen, from an early 5-day high of 149.10.
If the greenback extends its downtrend, it is likely to find support around 1.30 against the pound, 1.41 against the loonie, 1.10 against the euro, 0.86 against the franc and 146.00 against the yen.
read more
Pound Advances After U.K. Inflation Data
The pound was higher against its major counterparts in the New York session on Wednesday, after data showing an acceleration in consumer price inflation in the month of April.
RTTNews
|
6h 8min ago
U.S. Dollar Falls Amid Risk-on Mood, Fed Rate Cut Bet
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday amid increased risk-on mood, as some traders are still looking to cash in on the strong upside in the markets seen over the past several weeks. Furthermore, growing market acceptance that the Federal Reserve (Fed) will lower interest rates further this year amid evidence of diminishing inflationary pressure and a dismal growth forecast, also pushed the USD lower.
RTTNews
|
17h 25min ago
Swiss Franc Rises Against Majors
The Swiss franc strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
19h 57min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
|
20h 22min ago
U.S. Dollar Slides Amid U.S. Tariff Uncertainty
The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.
RTTNews
|
1 day ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Tuesday.
RTTNews
|
1 day ago
Euro Retreats Against Majors
The euro retreated against its major counterparts in the New York session on Monday.
RTTNews
|
2 days ago
U.S. Dollar Higher On Trade Hopes
The U.S. dollar appreciated against its major counterparts in the New York session on Friday, as investors focused on developments on the trade front.
RTTNews
|
5 days ago
