U.S. Dollar Slides Against Majors

RTTNews | 122 days ago
U.S. Dollar Slides Against Majors

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

The U.S. dollar fell to more than a 3-month low of 0.8765 against the Swiss franc and more than a 4-month low of 1.2946 against the pound, from Friday's closing quotes of 0.8795 and 1.2920, respectively.

Against the euro and the yen, the greenback edged down to 1.0871 and 147.09 from last week's closing quotes of 1.0832 and 148.03, respectively.

If the greenback extends its downtrend, it is likely to find support around 0.85 against the franc, 1.31 against the pound, 1.10 against the euro and 141.00 against the yen.

read more
Commodity Currencies Rise Amid Renewed Tariff Concerns; USD Slide

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 | 49 minutes ago
Yen Falls As Traders Speculate BoJ Rate Hike Pause

Yen Falls As Traders Speculate BoJ Rate Hike Pause

The Japanese yen weakened against other major currencies in the late Asian session on Wednesday, as traders reduced their bets on an immediate interest rate hike by the Bank of Japan (BoJ) due to worries about the possible economic effects of US President Donald Trump's trade tariffs.
RTTNews | 22h 24min ago
Antipodean Currencies Rise Amid Risk-on Mood; Yen Slides

Antipodean Currencies Rise Amid Risk-on Mood; Yen Slides

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major currencies in the Asian session on Tuesday, as Asian markets traded higher following Trump's softened stance on tariff hikes.
RTTNews | 2 days ago
Yen Slides Against Majors

Yen Slides Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Tuesday.
RTTNews | 2 days ago