NZ Dollar Rises Against Majors

RTTNews | 551 days ago
NZ Dollar Rises Against Majors

(RTTNews) - The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.

The NZ dollar rose to more than a 2-month high of 91.57 against the yen and nearly a 4-week high of 1.7576 against the euro, from yesterday's closing quotes of 91.00 and 1.7668, respectively.

Against the U.S. and the Australian dollars, the kiwi advanced to a 1-week high of 0.6130 and nearly a 9-month high of 1.0595 from Thursday's closing quotes of 0.6095 and 1.0643, respectively.

If the kiwi extends its uptrend, it is likely to find resistance around 92.00 against the yen, 1.73 against the euro, 0.62 against the greenback and 1.04 against the aussie.

read more
U.S. Dollar Extends Fall Amid Fed Rate Cut Speculation

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.
RTTNews | 4h 0min ago
Yen Falls Amid BoJ Rate Hike Uncertainty, Risk-0n Mood

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.
RTTNews | 7h 33min ago
Australian Dollar Slides As RBA Cuts Key Interest Rate By 25 Bps

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.
RTTNews | 1 day ago
NZ Dollar Rises Against Majors

NZ Dollar Rises Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews | 5 days ago
Commodity Currencies Rise Amid Risk-On Mood, Strong China Export Data

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 | 6 days ago