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Loonie Mixed After BoC Decision
(RTTNews) - As expected, the Bank of Canada kept its policy rate steady at 5 percent. Following the announcement, the loonie traded mixed against its major opponents. While it rose against the yen, it changed little against the rest of major rivals.
The loonie was trading at 108.66 against the yen, 1.4628 against the euro, 1.3564 against the greenback and 0.8924 against the aussie around 10:05 am ET.
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U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation
The U.S. dollar continued to trade lower against other major currencies in the European session on Wednesday, as the U.S. Consumer Price Index data from July has raised expectations that the Fed would lower interest rates in September.
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10h 41min ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the European session on Wednesday.
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12h 26min ago
Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood
The Japanese yen weakened against other major currencies in the Asian session on Wednesday, as the uncertainty about the likely time of the Bank of Japan's (BoJ) next interest rate hike and the increasing risk-on mood by the investors keeps the safe haven JPY declining.
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14h 14min ago
Australian Dollar Slides As RBA Cuts Key Interest Rate By 25 Bps
The Australian dollar weakened against other major currencies in the Asian session on Tuesday, after the Reserve Bank of Australia reduced its benchmark interest rate by a quarter-point as underlying inflation continued to soften and labor conditions eased slightly.
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1 day ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
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1 day ago
Canadian Dollar Falls Against Most Majors
The Canadian dollar dropped against its most major counterparts in the New York session on Friday.
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5 days ago
U.S. Dollar Rises As Waller Emerges As Potential Fed Chair Successor
The U.S. dollar climbed against its most major counterparts in the New York session on Thursday, as Federal Reserve governor Christopher Waller emerged as a top candidate to replace Chair Jerome Powell.
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6 days 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.
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6 days ago
