NZ Dollar Slides Against Most Majors

RTTNews | 10h 53min ago
NZ Dollar Slides Against Most Majors

(RTTNews) - The New Zealand dollar weakened against most major currencies in the Asian session on Thursday.

The NZ dollar fell to a 2-day low of 0.5882 against the U.S. dollar, from an early high of 0.5917.

Against the yen and the euro, the kiwi slid to 6-day lows of 85.93 and 1.9018 from early highs of 86.53 and 1.8929, respectively.

If the kiwi extends its downtrend, it is likely to find support around 0.57 against the greenback, 84.00 against the yen and 1.93 against the euro.

read more
Commodity Currencies Slide, Yen Rises Amid Cautious Trade

Commodity Currencies Slide, Yen Rises Amid Cautious Trade

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, as traders remain cautious amid continued uncertainty surrounding U.S. President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K.
RTTNews | 9h 48min ago
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 12h 3min ago
U.S. Dollar Extends Slide On Soft Inflation Data

U.S. Dollar Extends Slide On Soft Inflation Data

The U.S. dollar extended its early weakness against other major currencies in the Asian session on Wednesday, as inflation slowed more than expected in April, raising hopes of further easing by the Federal Reserve.
RTTNews | 1 day ago
Antipodean Currencies Rise, Yen Slides Amid US-China Trade Optimism

Antipodean Currencies Rise, Yen Slides Amid US-China Trade Optimism

The antipodean currencies such as the Australian and New Zealand dollars strengthened against their major currencies in the Asian session on Monday, amid optimism about a potential U.S.-China trade deal after U.S. Treasury Secretary Scott Bessent confirmed that a trade deal has been struck with China following the weekend talks in Switzerland, with no more details offered. Meanwhile, the safe-haven Japanese yen weakened against its major counterparts in the Asian trading on optimism over a US-China trade deal.
RTTNews | 3 days ago