Advertisement
Australian Dollar Falls Against Majors
(RTTNews) - The Australian dollar weakened against other major currencies in the pre-European session on Monday.
The Australian dollar fell to nearly a 1-month low of 94.69 against the yen and nearly a 2-week low of 1.6478 against the euro, from early highs of 95.48 and 1.6379, respectively.
Against the U.S. and the Canadian dollars, the aussie edged down to 0.6646 and 0.8836 from early highs of 0.6696 and 0.8889, respectively.
Moving away from an early 5-day high of 1.0788 against the NZ dollar, the aussie slipped to 1.0758.
If the aussie extends its downtrend, it is likely to find support around 90.00 against the yen, 1.67 against the euro, 0.64 against the greenback, 0.86 against the loonie and 1.05 against the kiwi.
read more
Yen Falls Amid BoJ Uncertainty
The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
RTTNews
|
2h 19min ago
Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
3h 35min ago
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
|
2 days ago
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
|
2 days ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
|
2 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
RTTNews
|
2 days ago
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 days ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the Asian session on Tuesday.
RTTNews
|
3 days ago
