Australian Dollar Advances Against Majors

RTTNews | 772 hari yang lalu
Australian Dollar Advances Against Majors

(RTTNews) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.

The Australian dollar rose to an 8-day high of 1.0832 against the NZ dollar and a 6-day high of 1.6363 against the euro, from yesterday's closing quotes of 1.0778 and 1.6463, respectively.

Against the U.S. and the Canadian dollars, the aussie advanced to near 3-week highs of 0.6742 and 0.8899 from Tuesday's closing quotes of 0.6685 and 0.8844, respectively.

The aussie edged up to 94.13 against the yen, from yesterday's closing value of 93.84.

If the aussie extends its uptrend, it is likely to find resistance around 1.10 against the kiwi, 1.59 against the euro, 0.69 against the greenback, 0.90 against the loonie and 97.00 against the yen.

read more
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 | 1 hari yang lalu
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 | 1 hari yang lalu
NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews | 1 hari yang lalu
Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

Australian Dollar Falls Despite Upbeat Consumer Sentiment Data

The Australian dollar weakened against other major currencies in the Asian session on Tuesday, despite Australia's consumer confidence improving to a three-and-a-half year high in August as the central bank is expected to lower interest rates further after a third reduction this year. Data from Westpac-Melbourne Institute showed that consumer sentiment index rose to 98.5 in August from 93.1 in July. The improvement followed a further reduction in interest rates by the Reserve Bank of Australia. With the latest 25 basis points cut, interest rates dropped by 75 basis points since the start of the year.
RTTNews | 2 hari yang lalu
Yen Falls Amid Risk-on Mood

Yen Falls Amid Risk-on Mood

The Japanese yen weakened against other major currencies in the Asian session on Monday as Asian stock markets traded higher, amid expectations of the three-year-plus war between Russia and Ukraine ending soon, with U.S. President Donald Trump saying he and Russian President Putin discussed land transfers and security guarantees for Ukraine and had "largely agreed".
RTTNews | 3 hari yang lalu
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Monday.
RTTNews | 3 hari yang lalu