Loading...

Advertisement

Dollar Loses Ground Against Major Rivals

RTTNews | 1065 days ago

Dollar Loses Ground Against Major Rivals

(RTTNews) - The U.S. dollar drifted lower against its major counterparts on Monday, as traders assessed the Federal Reserve's likely stance on interest rate hikes in the coming months after data showed a much bigger than expected addition of jobs in the month of July.

Traders are looking ahead to U.S. consumer price data due on Wednesday.

The dollar index, which dropped to a low of 106.09 around late morning, has recovered to 106.40, but still remains about 0.22% down from the previous close.

Against the Euro, the dollar is trading at $1.0196, weakening from $1.0184.

The dollar is at $1.2078 against Pound Sterling, easing from $1.2069.

Against the Japanese currency, the dollar is up slightly, fetching 135.05 yen a unit, compared with 135.01 yen on Friday.

The dollar is at 0.6983 against the Aussie, drifting down from 0.6914.

Against Swiss franc, the dollar has dropped to CHF 0.9555 from CHF 0.9619, while against the Loonie, it has slid to C$ 1.2864 from C$ 1.2938.

read more

KOSPI May Run Out Of Steam On Wednesday

KOSPI May Run Out Of Steam On Wednesday

The South Korea stock market has finished higher in back-to-back sessions, collecting more than 60 points or 1.9 percent along the way. The KOSPI now sits just beneath the 3,115-point plateau although investors may lock in gains on Wednesday.

RTTNews | 24 minutes ago

New Zealand Interest Rate Decision Due On Wednesday

New Zealand Interest Rate Decision Due On Wednesday

The Reserve Bank of New Zealand will wrap up its monetary policy meeting on Wednesday and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The RBNZ is expected to hold its Official Cash Rate steady at 3.25 percent.

RTTNews | 1h 24min ago

U.S. Dollar Higher As Trump Delays Tariff Deadline

U.S. Dollar Higher As Trump Delays Tariff Deadline

The U.S. dollar climbed against its major counterparts in the New York session on Tuesday, as President Donald Trump announced a delay in implementation of tariffs to August 1.

RTTNews | 2h 3min ago

American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey

American Households' Inflation Expectations Steady; More Optimism On Finances: NY Fed Survey

U.S. households' inflation expectations were largely unchanged in June and they were more optimistic regarding their financial situation and access to credit in the year-ahead, results of a survey by the Federal Reserve Bank of New York showed on Tuesday.

RTTNews | 2h 22min ago

Swiss Market Settles Marginally Up

Swiss Market Settles Marginally Up

Despite spending much of the day's trading session in negative territory, the Switzerland market closed marginally higher on Tuesday thanks to some brisk buying in the final minutes.

RTTNews | 4h 25min ago

European Markets Close On Positive Note

European Markets Close On Positive Note

European markets closed on a positive note on Tuesday, as investors shrugged off concerns about tariffs and picked up stocks, amid hopes major European countries will strike trade deals with the U.S. before the newly announced August 1 deadline.

RTTNews | 4h 46min ago

Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns

Strong Jobs Data Limits Dollar's Losses Amidst Fiscal And Tariff Concerns

Data showing an unexpectedly strong payrolls addition curtailed the dollar's losses in a week marked by anxiety about the U.S. fiscal outlook.

RTTNews | 10h 21min ago

U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB

U.S. Small Business Confidence Erodes Slightly In June, Taxes Main Concern - NFIB

Small business sentiment in the U.S. eased slightly in June as uncertainty remains elevated despite easing, and taxes remained a top concern for business owners, survey data from the National Federation of Independent Businesses showed on Tuesday.

RTTNews | 12h 45min ago

Terms | Privacy | Site Map | Site Map Calendar

© 2025 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.