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Canadian Dollar Extends Decline As Trade War Intensifies

RTTNews | 66 दिनों पहले

Canadian Dollar Extends Decline As Trade War Intensifies

(RTTNews) - The Canadian dollar extended decline against its major counterparts in the New York session on Tuesday, after U.S. President Donald Trump announced additional tariffs on steel and aluminum imports from Canada.

Trump announced on Truth Social that he will increase tariffs on steel and aluminum products to 50% from 25% starting tomorrow.

Trump's announcement was in response to Ontario's implementation of a 25% surcharge on electricity exported to U.S.

Trump also threatened to impose further tariffs on car imports in April.

The loonie fell to a 1-week low of 1.4521 against the greenback, near 5-year low of 1.5858 against the euro and near a 2-year low of 101.45 against the yen.

The loonie retreated to 0.9106 against the aussie, from an early 4-day high of 0.9040.

The currency may challenge support around 1.465 against the greenback, 1.60 against the euro, 97.00 against the yen and 0.92 against the aussie.

टैग: AUDCAD USDCAD EURCAD CADJPY

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Antipodean Currencies Recovers Amid U.S.-China Trade Deal Optimism

Antipodean Currencies Recovers Amid U.S.-China Trade Deal Optimism

The Antipodean currencies such as the Australia and the New Zealand recovered from recent lows against their major currencies in the Asian session on Friday, amid improved global trade optimism.

RTTNews | 6घंटे 56 मिनट पहले

Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets

Yen Rises Amid Risk-off Mood, BoJ Rate Hike Bets

The Japanese yen strengthened against other major currencies in the Asian session on Friday amid risk-off mood, as traders digested the latest settlements on the trade tariff front and remained caution as they awaited more clarity on the developments in trade negotiations with other trade partners.

RTTNews | 8घंटे 2 मिनट पहले

Australian Dollar Recovers Against Majors

Australian Dollar Recovers Against Majors

The Australian dollar recovered from recent lows against other major currencies in the Asian session on Friday.

RTTNews | 9घंटे 41 मिनट पहले

Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Friday.

RTTNews | 9घंटे 54 मिनट पहले

Euro Drops Against Majors

Euro Drops Against Majors

The euro weakened against its major counterparts in the New York session on Thursday.

RTTNews | 21घंटे 21 मिनट पहले

Commodity Currencies Slide, Yen Rises Amid Cautious Trade

Commodity Currencies Slide, Yen Rises Amid Cautious Trade

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Thursday, as traders remain cautious amid continued uncertainty surrounding U.S. President Donald Trump's trade policies, despite reaching trade deals between the U.S. and China as well as the U.S. and the U.K.

RTTNews | 1 दिन पहले

Canadian Dollar Drops Against Majors

Canadian Dollar Drops Against Majors

The Canadian dollar weakened against most major currencies in the Asian session on Thursday.

RTTNews | 1 दिन पहले

Australian Dollar Falls Against Majors

Australian Dollar Falls Against Majors

The Australian dollar weakened against other major currencies in the Asian session on Thursday.

RTTNews | 1 दिन पहले

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