Australian Dollar Rises Against Some Majors

RTTNews | 20 days ago
Australian Dollar Rises Against Some Majors

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

The Australian dollar rose to a 9-day high of 1.6223 against the euro, from yesterday's closing value of 1.6254.

Against the Canada and the U.S. dollars, the aussie advanced to more than a 1-year high of 0.9126 and more than a 4-month high of 0.6715 from Wednesday's closing quotes of 0.9111 and 0.6700, respectively.

If the aussie extends its uptrend, it is likely to find resistance around 1.61 against the euro, 0.92 against the loonie and 0.68 against the greenback.

read more
U.S. Dollar Falls Amid Rate Cut Expectations

U.S. Dollar Falls Amid Rate Cut Expectations

The U.S. dollar weakened against other major currencies in the Asian session on Tuesday, as traders await the chance of an earlier Federal Reserve interest rate cuts due to signs of a slowing U.S. economy.
RTTNews | 1 day ago
U.S. Dollar Drops Amid Weak ISM Manufacturing PMI

U.S. Dollar Drops Amid Weak ISM Manufacturing PMI

The U.S. dollar moved down against its major counterparts in the New York session on Monday, following the release of weaker-than-expected ISM manufacturing PMI data for May.
RTTNews | 1 day ago
U.S. Dollar Declines As PCE Data Cements Rate Cut Bets

U.S. Dollar Declines As PCE Data Cements Rate Cut Bets

The U.S. dollar moved down against its major counterparts in the New York session on Friday, as the nation's consumer prices increased in line with economist estimates in April, raising the possibility of a rate cut from the Federal Reserve in September.
RTTNews | 4 days ago
Commodity Currencies Fall Amid Risk Aversion

Commodity Currencies Fall Amid Risk Aversion

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday amid risk aversion, following the broadly negative cues from global markets overnight, as bond yields continued to spike amid uncertainty about the U.S. Fed's interest-rate moves ahead of key inflation data later in the week.
RTTNews | 6 days ago
U.S. Dollar Rises Ahead Of U.S. Inflation Data

U.S. Dollar Rises Ahead Of U.S. Inflation Data

The U.S. dollar strengthened against most major currencies in the European session on Wednesday amid risk appetite, as traders looked ahead to the release of key inflation data this week for direction.
RTTNews | 7 days ago