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U.S. Dollar Falls Against Majors

RTTNews | 121 days ago

U.S. Dollar Falls Against Majors

(RTTNews) - The U.S. dollar weakened against other major currencies in the Asian session on Monday.

The U.S. dollar fell to nearly a 3-1/2-year low of 1.1534 against the euro and nearly a 7-month low of 1.3398 against the pound, from Friday's closing quotes of 1.1391 and 1.3294, respectively.

Against the yen and the Swiss franc, the greenback dropped to more than a 7-month low of 140.62 and more than a 10-year low of 0.8070 from last week's closing quotes of 142.17 and 0.8162, respectively.

Against Australia, the New Zealand and the Canadian dollars, the greenback slipped to nearly a 4-1/2-month low of 0.6431, a 5-1/2-month low of 0.6014 and more than a 6-month low of 1.3792 from last week's closing quotes of 0.6376, 0.5937 and 1.3848, respectively.

If the greenback extends its downtrend, it is likely to find support around 1.17 against the euro, 1.35 against the pound, 139.00 against the yen, 0.79 against the franc, 0.66 against the aussie, 0.61 against the kiwi and 1.36 against the loonie.

Tags: AUDUSD GBPUSD EURUSD NZDUSD USDCAD USDCHF USDJPY

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Pound Rises As UK Inflation Hits 18-Month High

Pound Rises As UK Inflation Hits 18-Month High

The British pound strengthened against other major currencies in the European session on Wednesday, as the UK consumer price inflation accelerated to an 18-month high in July on airfares and food prices, suggesting that the Bank of England is likely to delay further easing.

RTTNews | 2h 33min ago

Pound Rises Against Majors

Pound Rises Against Majors

The British pound strengthened against other major currencies in the European session on Wednesday.

RTTNews | 3h 0min ago

U.S. Dollar Rises Amid Reduced Bet On Fed Rate Cut, FOMC Minutes

U.S. Dollar Rises Amid Reduced Bet On Fed Rate Cut, FOMC Minutes

The U.S. dollar strengthened against most major currencies in the Asian session on Wednesday, due to reduced bets on the U.S. Fed's more aggressive policy easing.

RTTNews | 3h 15min ago

Yen Rises Amid BoJ Rate Hike Speculation

Yen Rises Amid BoJ Rate Hike Speculation

The Japanese yen strengthened against other major currencies in the Asian session on Wednesday, as traders expect that the Bank of Japan (BoJ) may raise interest rates by the end of the year in accordance with its policy normalization path.

RTTNews | 3h 39min ago

Australian Dollar Falls Amid RBA Rate Cut Speculation

Australian Dollar Falls Amid RBA Rate Cut Speculation

The Australian dollar weakened against other major currencies in the Asian session on Wednesday, as traders expect two or more rate cuts if inflation continues to decline as anticipated. Earlier this month, the Reserve Bank of Australia (RBA) lowered its cash rate to 3.60 percent from 3.85 percent, as widely expected.

RTTNews | 4h 56min ago

NZ Dollar Slides As RBNZ Cuts Rate By 25 Bps

NZ Dollar Slides As RBNZ Cuts Rate By 25 Bps

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand decided to cut its key interest rate by 25 basis points and signaled further easing.

RTTNews | 6h 32min ago

U.S. Dollar Advances Against Most Majors

U.S. Dollar Advances Against Most Majors

The U.S. dollar strengthened against most major currencies in the Asian session on Wednesday.

RTTNews | 7h 47min ago

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Wednesday.

RTTNews | 7h 52min ago

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