Advertisement
Yen Falls Against Majors
(RTTNews) - The Japanese yen weakened against other major currencies in the European session on Wednesday.
The yen fell to a 2-day low of 162.65 against the euro, from an early 1-week high of 161.72.
The yen reached to yesterday's low of 173.39 against the Swiss franc, from an early high of 172.65.
Against the U.S. and the Canadian dollars, the yen slid to 2-day lows of 143.15 and 103.48 from early highs of 142.18 and 102.83, respectively.
The yen edged down to 191.26 against the pound, from an early high of 190.63.
If the yen extends its downtrend, it is likely to find support around 164.00 against the euro, 176.00 against the franc, 149.00 against the greenback, 105.00 against the loonie and 194.00 against the pound.
read more
Pound Jumps After BoE Rate Decision
The British pound strengthened against other major currencies in the European session on Thursday the Bank of England (BoE) reduced UK interest rates by a quarter point, making it the fifth reduction in a year, although almost half of its policymakers opted to maintain borrowing costs.
RTTNews
|
3h 9min ago
Pound Rises Against Majors
The British pound strengthened against other major currencies in the European session on Thursday.
RTTNews
|
3h 26min ago
Euro Rises Amid Trump's Tariff Implementations
The euro strengthened against other major currencies in the European session on Thursday, as European shares rallied following the implementation of Trump's extensive "reciprocal" tariffs, which include a blanket 15% tax on exports from the EU.
RTTNews
|
3h 44min ago
Euro Rises Against Majors
The euro strengthened against other major currencies in the European session on Thursday.
RTTNews
|
4h 22min ago
Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the Asian session on Thursday amid increased risk appetite by the investors, after U.S. President Donald Trump said the U.S. was closing in on the trade deal with China. Traders also remain optimistic about the U.S. Fed cutting interest rates as early as September based on the recent economic data from the U.S.
RTTNews
|
6h 26min ago
Euro Rises As European Shares Traded Higher
The euro strengthened against other major currencies in the European session on Wednesday, as European shares traded higher despite weak factory orders data from Germany and fresh tariff threats from U.S. President Donald Trump on pharma and chips. Some upbeat earnings announcements and expectations of a Fed interest rate cut next month appear to be aiding sentiment.
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 Rise Amid Risk-Appetite
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major peers in the Asian session on Wednesday, as Asian markets traded higher after Trump hailed his "good relationship" with his Chinese counterpart Xi Jinping, adding that a deal with China was taking shape.
RTTNews
|
1 day ago
