Advertisement
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 a 2-week low of 1.3731 against the U.S. dollar and nearly a 2-month low of 0.9023 against the Australian dollar, from yesterday's closing quotes of 1.3656 and 0.9003, respectively.
Against the euro, the loonie slid to a 1-week high of 1.5968 from Thursday's closing value of 1.5979.
The loonie edged down to 106.58 against the yen, from yesterday's closing value of 107.12.
If the loonie extends its downtrend, it is likely to find support around 1.38 against the greenback, 0.91 against the loonie, 1.57 against the euro and 104.00 against the yen.
read more
Yen Retreats Amid US-Japan Trade Uncertainty
The Japanese yen retreated from early highs against other major currencies in the European session on Friday, amid concerns on US-Japan relations in light of Trump's placement of a 25 percent tariff on Japanese exports this week, which will go into force on August 1.
RTTNews
|
1h 24min ago
Yen Retreats Against Majors
The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews
|
4h 36min ago
Canadian Dollar Slides As Trump Announces 35% Tariffs On Canadian Imports
The Canadian dollar weakened against other major currencies in the Asian session on Friday, as Trump proposed 35 percent tariff on Canadian goods and warned that any fiscal retort from the country will be tacked onto the 35 percent set to take effect Aug. 1.
RTTNews
|
4h 50min ago
Antipodean Currencies Rise Amid Risk-on Mood
The antipodean currencies such as the Australia and the New Zealand dollars strengthened against other major currencies in the Asian session on Friday amid increased risk-on mood by the investors, following the broadly positive cues from Wall Street overnight, as traders hope for an end to the tariff uncertainty after U.S. President Donald Trump confirmed he will not extend the August 1 deadline for striking trade deals, though he continues to threaten higher reciprocal tariffs on various sectors and countries.
RTTNews
|
5h 14min ago
Australian Dollar Rises Against Majors
The Australian dollar strengthened against other major currencies in the Asian session on Friday.
RTTNews
|
5h 59min ago
U.S. Dollar Rises As Initial Jobless Claims Drop
The U.S. dollar advanced against its major counterparts in the New York session on Thursday, as initial jobless claims declined unexpectedly last week.
RTTNews
|
16h 13min ago
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major counterparts in the early European session on Thursday, as traders are optimistic about an end to the tariff uncertainty after U.S. President Donald Trump made it clear that he will not extend the August 1 deadline for trade deals, though he gets aggressive with tariff imposition. They are also optimistic about a potential trade deal between the U.S. and the European Union.
RTTNews
|
1 day ago
Canadian Dollar Climbs Against Most Majors
The Canadian dollar strengthened against most major currencies in the early European session on Thursday.
RTTNews
|
1 day ago
