U.S. Dollar Falls Against Majors

RTTNews | 782 days ago
U.S. Dollar Falls Against Majors

(RTTNews) - The U.S. dollar weakened against other major currencies in the Asian session on Monday.

The U.S. dollar fell to a 4-day low of 1.0829 against the euro and a 5-day low of 0.8969 against the Swiss franc, from Friday's closing quotes of 1.0805 and 0.8992, respectively.

The greenback slipped to 137.49 against the yen and 1.2472 against the pound, from last week's closing quotes of 137.91 and 1.2439, respectively.

Against the Australia, the New Zealand and the Canadian dollars, the greenback edged down to 0.6667, 0.6292 and 1.3485 from last week's closing quotes of 0.6645, 0.6273 and 1.3494, respectively.

If the greenback extends its downtrend, it is likely to find support around 1.10 against the euro, 0.88 against the franc, 133.00 against the yen, 1.26 against the pound, 0.68 against the aussie, 0.64 against the kiwi and 1.33 against the loonie.

read more
Pound Falls As U.K. Economy Contracts For Second Straight Month

Pound Falls As U.K. Economy Contracts For Second Straight Month

The British pound weakened against other major currencies in the European session on Friday, as the UK economy shrank for the second consecutive month in May, adding challenges to Chancellor Rachel Reeves in achieving her self-imposed borrowing rules.
RTTNews | 16h 56min ago
Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.
RTTNews | 17h 18min ago
Yen Retreats Amid US-Japan Trade Uncertainty

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 | 18h 7min ago
Yen Retreats Against Majors

Yen Retreats Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | 21h 20min 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 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 | 21h 57min ago