Canadian Dollar Advances To 4-day High Against U.S. Dollar

RTTNews | 589 days ago
Canadian Dollar Advances To 4-day High Against U.S. Dollar

(RTTNews) - The Canadian dollar appreciated against the U.S. dollar in the New York session on Monday.

The loonie touched 1.3611 against the greenback, setting a 4-day high. On the upside, 1.33 is seen as its next resistance level.

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Commodity Currencies Rise As Trump Delays EU Tariffs

Commodity Currencies Rise As Trump Delays EU Tariffs

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, after U.S. President Donald Trump extended a deadline for EU trade deal until 9 July, following a call with European Commission president.
RTTNews | 1 day ago
U.S. Dollar Firms On Deficit Concerns

U.S. Dollar Firms On Deficit Concerns

The U.S. dollar was higher against its most major counterparts in the New York session on Thursday, as treasury yields soared amid concerns about the fiscal impact of President Donald Trump's tax bill.
RTTNews | 5 days ago
U.S. Dollar Falls Amid Risk-on Mood, Fed Rate Cut Bet

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 | 6 days ago