Australian Dollar Rises Against Majors
(RTTNews) - The Australian dollar strengthened against other major currencies in the Asian session on Wednesday.
The Australian dollar rose to nearly a 10-year high of 101.07 against the yen and a 10-month high of 1.0983 against the NZ dollar, from yesterday's closing quotes of 100.42 and 1.0932, respectively.
Against the U.S. dollar, the euro and the Canadian dollar, the aussie advanced to near 2-week highs of 0.6530, 1.6408 and 0.8916 from Tuesday's closing quotes of 0.6485, 1.6490 and 0.8861, respectively.
If the aussie extends its uptrend, it is likely to find resistance around 102.00 against the yen, 1.10 against the kiwi, 0.67 against the greenback, 1.63 against the euro and 0.90 against the loonie.
read more
U.S. Dollar Lower As Soft Jobs Data Lifts Rate Cut Hopes
The U.S. dollar fell against its major counterparts in the New York session on Friday, as weaker-than-expected jobs data for April boosted hopes of a rate cut by the Federal Reserve in September.
RTTNews
|
2 days ago
U.S. Dollar Falls Amid Risk Appetite
The U.S. dollar weakened against other major currencies in the Asian session on Friday amid risk appetite, as traders had expressed some concerns the U.S. Fed's next monetary policy move could actually be an interest rate hike rather than a cut, but Fed Chair Jerome Powell post-meeting alleviated those worries. Powell said the next rate move from the central bank will most likely be an interest rate reduction.
RTTNews
|
2 days ago
U.S. Dollar Falls Against Majors
The U.S. dollar weakened against other major currencies in the Asian session on Friday.
RTTNews
|
2 days ago
Euro Weakens Against Some Majors
The euro dropped against some of major counterparts in the New York session on Thursday.
RTTNews
|
3 days ago
U.S. Dollar Down After Weak ISM Manufacturing PMI, Job Openings Data
The U.S. dollar fell against its major counterparts in the New York session on Wednesday, as the nation's manufacturing activity contracted in April and job openings missed estimates in March.
RTTNews
|
4 days ago
U.S. Dollar Rises As Asian Markets Traded Lower
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday, as Asian stock markets traded lower in thin holiday trading, following the broadly negative cues from global markets overnight, as most of the markets are closed for a Labor Day holiday. Treasury yields jumped on stronger-than-expected U.S. wage data. Traders also remained cautious ahead of the U.S. Fed's monetary policy decision later in the day.
RTTNews
|
4 days ago
U.S. Dollar Rises Against Majors
The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday.
RTTNews
|
4 days ago
U.S. Dollar Appreciates As Employment Costs Jump
The U.S. dollar firmed against its major counterparts in the New York session on Tuesday, amid a spike in employment cost index in the first quarter before the Federal Reserve's policy decision on Wednesday.
RTTNews
|
5 days ago
