EURAUD Forex News

Commodity Currencies Rise Amid Hopes For US-China Trade Deal

Commodity Currencies Rise Amid Hopes For US-China Trade Deal

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against other major currencies in the Asian session on Wednesday, after U.S. President Donald Trump said tariffs on China would be trimmed down from the current 145 percent rate. Reports also indicate that Treasury Secretary Scott Bessent told a closed-door investor summit he expects the trade dispute between the U.S. and China to de-escalate.
RTTNews | 16 minutes ago
Euro Falls As ECB Cuts Interest Rates Again

Euro Falls As ECB Cuts Interest Rates Again

The euro declined against its most major counterparts in the New York session on Thursday, as the European Central Bank slashed its key interest rates by a quarter basis point and warned of 'deteriorated' growth outlook due to trade tensions.
RTTNews | 5 days ago
Australian Dollar Falls After Australia Employment Data

Australian Dollar Falls After Australia Employment Data

The Australian dollar weakened against other major currencies in the Asian session on Thursday, following the release of Australia's employment data showing a smaller-than-expected rise in employment in March.
RTTNews | 5 days ago
Antipodean Currencies Rise Amid Positive Risk Tone

Antipodean Currencies Rise Amid Positive Risk Tone

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the Asian session on Tuesday amid a positive risk tone by the investors, after reports the U.S. is considering pausing the 25 percent tariffs on auto imports and decided to exempt certain consumer electronics from its so-called reciprocal tariffs.
RTTNews | 7 days ago
Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand currencies strengthened against their major counterparts in the Asian session on Monday amid increased risk-on mood by the investors, after White House press secretary Karoline Leavitt said President Donald Trump is "optimistic" about reaching a trade deal with China.
RTTNews | 8 days ago