Australian Dollar Falls Against Majors
(RTTNews) - The Australian dollar weakened against other major currencies in the Asian session on Wednesday.
The Australian dollar fell to a 5-day low of 1.6622 against the euro, from yesterday's closing value of 1.6567.
Against the U.S. dollar and the yen, the aussie slipped to 2-day lows of 0.6511 and 98.74 from Tuesday's closing quotes of 0.6538 and 99.00, respectively.
Against the Canada and the New Zealand dollars, the aussie slid to 5-day lows of 0.8854 and 1.0868 from yesterday's closing quotes of 0.8880 and 1.0884, respectively.
If the aussie extends its downtrend, it is likely to find support around 1.67 against the euro, 0.64 against the greenback, 97.00 against the yen, 0.87 against the loonie and 1.07 against the kiwi.
read more
U.S. Dollar Higher Following Strong PCE Inflation Data
The U.S. dollar moved up against its major counterparts in the New York session on Friday, as the Federal Reserve's preferred measure of inflation, the personal consumption expenditures price index, exceeded expectations on an annual basis in March.
RTTNews
|
1 day ago
Yen Slides After BoJ Keeps Key Rate Unchanged
The Japanese yen weakened against other major currencies in the Asian session on Friday after the Bank of Japan left its key interest rate unchanged and raised its inflation outlook.
RTTNews
|
1 day ago
Yen Slides Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
1 day ago
U.S. Dollar Climbs As Jobless Claims Fall, PCE Inflation Rises
The U.S. dollar appreciated against its major counterparts in the New York session on Thursday, as GDP data showed a hot inflation reading for the first quarter and initial jobless claims fell to a two-month low last week, dashing hopes of a rate cut before September.
RTTNews
|
2 days ago
Yen Declines As Intervention Risk Rises; BoJ Meeting In Focus
The Japanese yen weakened against other major currencies in the Asian session on Thursday, as market speculate the Japanese authorities is likely to intervene the foreign exchange market to prop up the yen ahead of the BOJ policy meeting.
RTTNews
|
2 days ago
Yen Declines Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews
|
2 days ago
Canadian Dollar Drops As Retail Sales Fall Unexpectedly
The Canadian dollar moved down against its major counterparts in the New York session on Wednesday, following the release of weak retail sales data for February.
RTTNews
|
3 days ago
Australian Dollar Rises On Strong Consumer Inflation Data
The Australian dollar strengthened against other major currencies in the Asian session on Wednesday, following the release of Australia's higher-than-expected consumer prices on quarter in the first quarter of 2024.
RTTNews
|
3 days ago
