Canadian Dollar Slides Against Majors
(RTTNews) - The Canadian dollar weakened against other major currencies in the Asian session on Friday.
The Canadian dollar fell to nearly a 1-month low of 1.3654 against the U.S. dollar and a 9-day low of 1.4648 against the euro, from yesterday's closing quotes of 1.3639 and 1.4627, respecively.
Against the yen and the Australian dollar, the loonie dropped to 102.38 and 0.8885 from yesterday's closing quotes of 102.65 and 0.8873, respecively.
If the loonie extends its downtrend, it is likely to find support around 1.37 against the greenback, 1.49 against the euro, 99.00 against the yen and 0.91 against the aussie.
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
|
1 day 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
|
2 days ago
Canadian Dollar Rises Against U.S. Dollar, Euro
The Canadian dollar moved up against the U.S. dollar and the euro in the New York session on Thursday.
RTTNews
|
2 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
|
3 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
